Sudden: 5000 layoffs in well-known century old enterprises!

Several Japanese media recently reported that: Toshiba The company is planning to reduce about 5000 employees in Japan. Toshiba has about 67000 employees in Japan Layoff The proportion exceeds 7%. The main layoff targets are the second line management departments such as the General Affairs Department of Toshiba Headquarters. The main layoff method is to recruit employees who voluntarily leave the company.

 Sudden: 5000 layoffs in well-known century old enterprises!

According to the published estimate of layoffs, The cost of Toshiba's personnel demobilization may be as high as 100 billion yen, about 4.7 billion yuan.

Founded in July 1875, Toshiba is a large semiconductor manufacturer in Japan, a world-famous integrated electromechanical manufacturer and solution provider, and a large integrated electronic and electrical enterprise group in the world. Toshiba Group, formerly known as Toshiba Electric Co., Ltd., was formally merged with Toshiba Electric and Toshiba Production in 1939. The new names are the beginning words of the two companies.

According to public information, From April to December 2023, Toshiba will lose up to 107 billion yen (equivalent to 5 billion yuan) Although Toshiba Group, as a century old enterprise, has a very high recognition in Japan, due to the frequent scandals and bad management news in recent years, the enterprise has incurred high losses. It is precisely for this reason that Toshiba needs to adjust its organizational structure as soon as possible to reduce labor operate Cost and enterprise operation cost.

 Sudden: 5000 layoffs in well-known century old enterprises!

Before layoffs, Toshiba also delisted from the Tokyo Stock Exchange on December 20, 2023, ending its 74 year history of listed enterprises Although Toshiba Group has adopted various changes to optimize its business problems, it is very difficult to make changes due to long-term management confusion, financial fraud and other problems, which is also a major factor in layoffs.

The 5000 person layoff plan is expected to be negotiated with the labor union in May, and the final number of layoffs will be determined. If Toshiba is still unable to improve its difficult business situation after this wave of layoffs, there may be a new round of layoff plans in the future.

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