Toshiba to cut 5,000 jobs in Japan: Report

Toshiba is planning to reduce its workforce in Japan by 5,000 employees, amounting to approximately 10% of its total headcount, according to Nikkei. This signals a departure from Japan's historical aversion to layoffs, reflecting growing acceptance amid persistent labour shortages in the country. If implemented, this would mark one of the largest job reduction efforts in Japan this year.

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