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Business News/ Companies / Toshiba to cut 3,900 more jobs: official
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Toshiba to cut 3,900 more jobs: official

Toshiba to cut 3,900 more jobs: official

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Tokyo: Japanese high-tech giant Toshiba Corp. will cut a further 3,900 temporary jobs by next March to cope with the global economic downturn, a company official said Friday.

Toshiba, which has already laid off 4,500 temporary workers, warned earlier in the day it expects a net loss of 350 billion yen ($3.5 billion) for the financial year that ended last month, even more than previously forecast.

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Published: 17 Apr 2009, 01:17 PM IST
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