Japan Inc. Suppliers Cut Jobs as Yen Batters TV, Chip Profit

05 Feb 2012 11:20 | JHRS (Administrator)

Sumco Corp., a supplier to Sony Corp. and Toshiba Corp., said yesterday it will cut 1,300 jobs. Auto windshield maker Nippon Sheet Glass Co., which sells to Mazda Motor Corp., said it will cut 3,500 jobs. They join NEC Corp., a Japanese maker of telecom equipment and components, which said last month it would eliminate 10,000 positions.

Source: http://www.businessweek.com

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