Toshiba plans to cut more than 3,000 jobs in Japan

According to multiple media reports, Toshiba, a well-known Japanese company, plans to lay off more than 3,000 employees in Japan, which accounts for about 5% of Toshiba's total domestic employees. This move is seen as part of Toshiba's management rationalization, aiming to cut excess personnel and concentrate operating resources on infrastructure and power transmission and distribution departments in order to expand profits.