Society | Aug 09

Japan Display to slash over 3,000 jobs

Aug 09 (NHK) - Japan Display is considering tough downsizing measures to help save its struggling business, including slashing more than 3,000 jobs.

The maker of liquid-crystal display panels has booked net losses for 3 straight years due to poor sales of LCDs for smartphones.

Sources say the company is planning to shut down an assembly line at a plant in Ishikawa Prefecture on the Sea of Japan coast.

It will also ask more than 200 employees in Japan to take early retirement.

The cuts would go considerably deeper overseas. The firm is expected to close or reduce production at plants in China and the Philippines, and lay off more than 3,000 workers.

Some of that production will then be outsourced.

Source: ANNnewsCH

MORE Society NEWS

Mysterious Black Animal Spotted in Tokyo

There have been multiple reports of a mysterious black animal in downtown Tokyo, with the enigmatic creature captured on video looking around nervously before noticing the camera and staring it down for about 15 seconds, then running away.

Former Host Pleads Guilty to Receiving 25 Million Yen from "Riri-chan"

A former host admitted to knowingly receiving approximately 25 million yen that had been deceitfully obtained by convicted scammer "Riri-chan," in a trial held on April 23.

Osaka Crackdowns on Bird Feeding

Osaka City has issued an administrative order to stop feeding pigeons and crows following continuous complaints about droppings and noise.

POPULAR NEWS

Japan's Population Crisis: 744 Municipalities Could Disappear by 2050

A private organization has revealed that approximately 40% of the national municipalities, totaling 744, could potentially disappear by 2050 due to declining populations.

Young Faces, New Trends: The Rise of Makeup Among Japan's Students

Youngsters in Japan are enthusiastically embracing the world of cosmetics, with a recent survey reporting some 60% of elementary students own some form of makeup.

Decoding U.S. 'Black Ship' Data Centers in Japan

Major American IT companies like Microsoft and Oracle have announced substantial investments totalling 4 trillion yen ($26 billion) in data centers in Japan, sparking concerns about digital sovereignty and AI development.

Former Host Pleads Guilty to Receiving 25 Million Yen from "Riri-chan"

A former host admitted to knowingly receiving approximately 25 million yen that had been deceitfully obtained by convicted scammer "Riri-chan," in a trial held on April 23.

Sakura Tree Collapses on Teacher at Kyoto Tourist Spot

A cherry tree located at one of Kyoto's busiest pedestrian streets, Sanneizaka, a main pathway to Kiyomizu Temple, suddenly fell at 11:45 AM on Tuesday, trapping a school teacher beneath.

FOLLOW US