Toshiba has announced that it will initiate measures to save itself $3.5 billion (330 billion Yen).
According to the Inquirer, these figures are ten per cent more than previously announced.
The announcement comes after it posted an operating loss of 250 billion Yen in the last financial year, due to the economic slowdown.
Although it is unclear how the vendor will reduce costs, this latest new follows April’s announcement of 3,900 job cuts at the firm.
Advertisement
Related Stories
- Asda cuts laptop prices for Christmas Nov 10th 2011 at 12:52PM
- Toshiba launches USB powered display Oct 26th 2011 at 11:40PM
- Toshiba show off ultra high resolution display Oct 23rd 2011 at 11:25PM
- Toshiba 7-inch Thrive tablet unveiled Sep 28th 2011 at 8:23AM
- IFA: Toshiba introduces FlashAir WiFi memory card Sep 4th 2011 at 11:38PM
- IFA: Toshiba's glasses-less 3D laptop Sep 2nd 2011 at 2:45PM
- IFA: Toshiba reveals new ultrabook Sep 2nd 2011 at 2:20PM
- IFA: Toshiba AT100 10.1-inch Android 3.1 tablet Sep 1st 2011 at 9:03AM
- Toshiba unveils Qosmio F750 with glasses-free 3D Jul 5th 2011 at 10:44AM
- Seagate snaps up Samsung hard drive business Apr 19th 2011 at 11:43PM
