Sharp cuts 5,000 jobs, first job cut in over 60 years

Japan’s Sharp will slash 5,000 jobs by March, reports said this morning, its first cuts since 1950 as it is hit by a prolonged slump in its key television and liquid crystal display sectors. The firm, which employs 57,000 people globally, has seen operations suffer amid worries over high energy prices, a high yen, slow
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