After the big accounting scandal that came to light earlier this year, now they have announced ~7000 layoffs at Toshiba, mostly in Japan, but some worldwide.
This article says that the PC division will continue. Another source suggests that the PC division may be sold off. Anyone want to speculate about potential buyers?
(Score: 3, Informative) by number6 on Sunday December 27 2015, @08:46PM
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//http://www.japantimes.co.jp/news/2015/12/25/business/corporate-business/toshiba-fined-record-%C2%A57-3-billion-over-accounting-scandal/
Toshiba fined record ¥7.3 billion over accounting scandal (Dec 25, 2015)
The Financial Services Agency on Friday imposed a record ¥7.37 billion fine on
scandal-hit Toshiba Corp. for falsifying financial reports. Japan’s financial
watchdog set a Feb. 25 deadline for Toshiba to pay the fine. The company said
it would pay the amount, adding, "We apologize again to all stakeholders,
including our shareholders and investors, for having caused worry and trouble."
The FSA said it made the decision Thursday after determining that Toshiba
falsified its financial statements for fiscal 2011 and 2012, and documents
related to the Japanese conglomerate’s issuance of corporate bonds.
The Securities and Exchange Surveillance Commission had recommended that the
FSA impose a fine for the amount on Toshiba. The fine topped the previous
record of ¥1.6 billion imposed on IHI Corp. in July 2008 for issuing falsified
financial statements.
Toshiba has announced job cuts and restructuring steps for its unprofitable
businesses to emerge from the accounting scandal that has led to downward
revisions totaling ¥224.8 billion on a pretax basis for nearly seven years.
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TIP
I have a heavily-locked down browser; third-party resources blacklisted from loading; always 'No Referer'; all browser fingerprints obfuscated, fake or randomly change.
The Japan Times site (and the Fortune site) do not load in my browser under normal circumstances......
but if for some reason I want to visit such sites, I use _this webproxy service_ [ciproxy.de] . It is very reliable.
FYI,
here is the URL given to me by CIPROXY for visiting the JAPAN TIMES link (paste it into your browser and see if it works for you):
http://ciproxy.de/browse.php/N215S64T/ekWJfISh/U4R1nua_/2BLfJEI8/_2BUCXCk/TlhvUiME/1mRvcb9d/jUiGwgwQ/lstCCGW6/As31cSN3/39TlGI1e/F_2FLwVJ/fjP6Prfo/AMO_2FZW/eLVwIvdg/4XrdFtPe/fIP7PiG1/9t_2Bwpw/TIXIg8vQ/Cz8OYqfA/J0k7Hhjs/GOiQgbvG/Ox8nahgK/c_3D/b5/fnorefer