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Troubled Japanese industrial giant Toshiba said Thursday that it plans to cut up to 4,000 jobs domestically as part of a restructuring program.
The announcement follows the delisting of the firm’s shares in December after being taken private by a consortium in the wake of multiple crises.
The headcount reduction will be achieved by November by offering employees aged over 50 who meet specific criteria voluntary early retirement.
“It was a tough decision for the management to make.
