Tech content trusted by users in North America and around the world
6,726 Reviews & Articles | 46,150 News Posts
TRENDING NOW: AMD's dual Fiji chip spotted as Radeon R9 Gemini, is this the Fury X2?

Sharp to slash 5,000 jobs will refocus on smartphone displays, large HDTVs and 4K TVs

Sharp retooling their business, will slash 5,000 jobs in the process
| Business, Financial & Legal News | Posted: May 12, 2013 6:36 am

Sharp will reportedly announce a three-year recovery plan next week, and will slash 5,000 jobs as part of this recovery plan in order to turn the struggling Japanese company around.




The Asahi Shimbun has reported that the number of directors and advisory positions will be slashed in half, with the number of positions at Sharp's main office in Osaka, Japan to be reduced by 50%. There will be layoffs in China and Malaysia, also. In order to increase profits, Sharp will refocus their efforts to producing more smartphone screens, big HDTVs and 4K TVs.


Related Tags

Got an opinion on this news? Post a comment below!
Subscribe to our Newsletter

Latest News Posts

View More News Posts

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases