Toshiba expects a loss of $ 4.5 billion, plans to lay off 7,000 employees

Toshiba company executives responsible for the company's plan for the sake of trying to uncover maintain its position in the market, officials pointed to the company's work to simplify its business and reduce operational costs and reducing its workforce.

And continue the company's financial struggle, which prompted the company to think in earnest in the restructuring of the business, where the company will be laid off thousands of workers, and estimated the financial losses during this year of about $ 4.5 billion.

The company, which is trying to work in industries start of consumer technology to nuclear technology to restore fiscal balance in the wake of the accounting scandal that rocked the company.

Toshiba and published on its official statement called it "Toshiba plan to stimulate business," in which he referred to dispense with its approximately 6,800 jobs within its subsidiaries for consumer electronics.

Which means that the company will dispense about 30% of its workforce by March 31, 2016, it will also be dispensed with indirect staff such as contractors, thereby reducing the labor costs.

The company intends to reduce operating her own business computers also costs, and re-focus on the corporate market rather than consumer products, where the company expects greater global demand in the Japanese market and the markets of the United States of America.

The company will act in accordance with the principle of brand licenses in Alababanip outside the market in terms of visual business products such as liquid crystal displays, and will instead focus its efforts on the Japanese market, to work on the competition Panasonic Corporation.

The company has transferred its business to brand licensing model for the United States and European markets, is currently seeking to do so within the Asian, African and Middle Eastern market, with the exception of partners and business deals in China.

The company would seek as part of a restructuring to sell televisions located in Indonesia to another company plant operation, in addition to the closure and sale of content in the west of Tokyo Omi compound which is developing a television and computers.

Toshiba will reduce TV sales volume to about 600 thousand sets per year, the company is hoping to gain profits through its focus on high-end models.

The company had sold the business section on imaging sensors to Sony Corp. in a deal valued at about $ 166 million as part of restructuring efforts.

And announced that Toshiba Corporation, which is headquartered in Tokyo that it will separate the personal solutions and solutions company customers for the parent company, to integrate them with the Toshiba equipment for specialized information to sell computers in Japan, and that by April of 2016.

Toshiba hopes that the efforts made by the company to reduce operating costs result in about 20 billion yen by March of next year.

Toshiba estimates that the restructuring costs, and to pay its employees for early retirement, the sale of the factory in Indonesia will lead to a loss of about $ 4.5 billion by the end of the fiscal year.