Sharp Will rumahkan 10 Thousand Employees

TOKYO - Japanese electronics device manufacturer, Sharp Corp plans to cut more than 10 thousand employees. This amount represents 18 percent of the total workforce. Reportedly, plans to lay off some employees is intended that the company returned a profit.

Reported Sfgate, Thursday (27/09/2012), Sharp will perform cuts workforce and sell a number of television factories in Mexico, China and Malaysia. In addition, the company is reportedly the largest TV manufacturer in negotiations with Foxconn Technology Group to release the three plants.

Sharp seeks to recover losses and hurdles faced in selling shares to Foxconn. Multinational companies headquartered in Osaka has submitted a proposal to the major financial institutions such as Mizuho Financial Group Inc. and Mitsubishi UFJ Financial Group Inc..

Sharp also find support on the refinancing of commercial paper. Reportedly, the bank will contribute a total loan of $ 4, 6 billion. Meanwhile, Sharp spokeswoman, Miyuki Nakayama, declined to comment. Stocks Sharp note declined by 69 percent this year.

Kyodo News reported on Tuesday that Sharp will lay off as many as 10,966 employees and sells a number of valuable assets, including overseas factory and Toshiba Corp stock. The number of layoffs (layoffs) Sharp include 5,000 employees who had announced last month.

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