Toshiba will layoff 5,000 employees, or around 10% of its total workforce, per Bloomberg
It seems like Toshiba is facing a restructuring phase, as it plans to cut 5,000 jobs in Japan, which accounts for about 10% of its workforce. This move is part of its strategy to streamline operations and focus on core businesses like infrastructure and digital technology. It's a significant development, especially considering Japan's historically strong worker protection laws. However, the growing acceptance of layoffs amid labor shortages in the country might have influenced this decision. #Japan @ToshibaUSA
@unusual_whales @TheRealHMLegend I don’t know why but that’s so random
@unusual_whales Cause Bidenomics is working so good?
@unusual_whales But the economy is amazing tho? 🤔
@unusual_whales Toshiba CEO needs to focus on the company and stop Tweeting
@unusual_whales Bidenomics continues to destroy businesses