ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Electronics

Nikon cuts jobs in Thailand and Laos with camera sales slumping

Factory positions pared 10% and more production adjustments expected amid pandemic

The coronavirus pandemic has forced Nikon to delay the release of cameras. (Photo by Rintaro Shimomura)

TOKYO -- Nikon has cut 700 jobs in Southeast Asia as part of a move to restructure its digital camera business as executives warned of sustained losses during the coronavirus pandemic, the Japanese optical company said Thursday.

Staff reductions at production facilities of the imaging segment, which includes cameras, started last fall and continued in stages through the end of March. A portion of the cuts came in the form of early retirement.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more