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.
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.