Japan's Toshiba planning to lay off 4,000 employees due as a part of its restructuring programme. Last month, it was reported that Toshiba was planning to let go around 5,000 employees and focus on its core areas, according to a report by Times of India. It further said that the restructuring would incur the company $650 million as a one-time cost. The layoff action was aimed to streamline Toshiba's operations. According to Inside Paper's official post on X, the recent announcement of Toshiba layoffs was followed by the delisting of company's shares in September. It was reportedly taken private by a consortium amid multiple crisis. As per reports, The latest round of Toshiba job cuts might be considered to be one of the largest in Japan. Tesla Layoffs: Elon Musk’s EV Company To Lay Off 601 Employees Across Multiple Locations in California Starting From June 20, Says Report.

Toshiba Layoffs To Affect 4,000 Employees in Japan: 

(SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter (X), Instagram and Youtube. The above post is embeded directly from the user's social media account and LatestLY Staff may not have modified or edited the content body. The views and facts appearing in the social media post do not reflect the opinions of LatestLY, also LatestLY does not assume any responsibility or liability for the same.)