Toshiba weighs cutting 5,000 jobs in Japan

Company hopes 7% headcount fall speeds restructuring after going private

If Toshiba's job cuts go through as planned, they will be the largest since accounting irregularities were revealed at the Japanese industrial conglomerate in 2015. © Reuters

Nikkei staff writers

April 17, 2024 17:00 JST

TOKYO -- Toshiba is considering cutting its domestic workforce by 5,000, equivalent to about 7% of the total in Japan, Nikkei has learned, in its latest move to accelerate its restructuring.

The main targets of the job cuts are back-office departments in the head office. The company will seek voluntary retirements, according to people familiar with the matter.