back to article Sharp to cull 5,000 as losses exceed £1 BILLION

Japanese electronics giant Sharp has become the latest tech firm to announce swingeing job cuts, with 5,000 employees set to be culled in a bid to slash costs after it revealed losses in the last quarter of £1.1bn. Sharp hasn’t been forced to make any redundancies in over 60 years but has been hemorrhaging money thanks to a …

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  1. Anonymous Coward
    Anonymous Coward

    Rumour has it

    That they will be supplying the screen for the new iPhone, I would have expected them to increase their workforce?

  2. Barry Dingle

    Pass the buck

    Guaranteed none of the people supposedly in charge are among the culling.

  3. Goldmember

    "hefty $388 settlement"

    I think even I could manage to pay that sort of settlement figure.

  4. SoaG

    Sharp? Really?

    Didn't realize they were still in business.

    They used to be THE brand for ghetto blasters back in the mid-late '80s.

    Haven't seen anything with their name on it in the last 15-20 years.

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