TOKYO -- Toshiba looks to transfer up to 1,100 employees, or about 40%, at a production base in southern Japan to Sony in conjunction with the sale of chipmaking operations there, The Nikkei learned Monday.
The two manufacturers are discussing the transfer in late-stage negotiations on the deal, which would cede production of complementary metal-oxide semiconductor, or CMOS, image sensors to Sony, the global leader in these camera components.
Toshiba seeks to restructure underperforming businesses, starting with parts of its semiconductor segment and eventually appliances and other product lines. President Masashi Muromachi hinted to reporters Oct. 1 about the possibility of job cuts.
Workers at the Oita chipmaking base will be consulted on the proposed transfer. Toshiba intends to keep early retirement and other payroll-shrinking options to a minimum, relying instead on transfers within the group or in conjunction with asset sales.