V-Tech Posted September 30, 2013 Share Posted September 30, 2013 It's not as if Toshiba's TV division has been totally silent recently, but it apparently hasn't been making enough noise to justify the continued employment of its full, 6,000-strong workforce. Although it's not quite ready to give up, the Japanese manufacturer is scaling back its TV operation heavily: losing half of its staff globally and closing two of its three TV factories in favor of more outsourced production. The cuts are intended help Toshiba meet its target of $101 million in cost savings and the company hopes its TV division will return to profitability this year -- but as you'd expect, at a much smaller scale than it once had. http://www.engadget.com/2013/09/30/toshiba-tv-job-cuts/ Link to comment Share on other sites More sharing options...
Growled Member Posted September 30, 2013 Member Share Posted September 30, 2013 Ouch. I guess like everyone else Toshiba is having a hard time competing with Samsung. Link to comment Share on other sites More sharing options...
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