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NEC will cut 20,000 jobs |
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| Created On: |
Friday January 30, 2009 |
| Description: |
Japanese electronics giant NEC Corp. says it plans to slash at least 20,000 jobs worldwide in an effort to cut 80-billion yen ($895-million U.S.) in costs over the next two years.
Toshiba Corp. is in talks to merge part of its chip operations with NEC's semiconductor unit, a source said, as a sharp global slowdown forces Japanese chip makers to cut jobs and try to band together...(more) |
| Discussion Type: |
Discussion on News |
| Number of Topics: |
0 |
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