Coiled retractable Sharp is planning JOB CUTS Debt, 8,000 employees and Offers 2 Factory TV

Tokyo -TV Producers from Japan, Sharp planning to LAYOFF 8,000 employees, or over 15% of the total employees Sharp throughout the world. Sharp also sell 2 TV factory owns.

As many as 8,000 employees to be fired is composed of 3,000 employees working in 2 factories in China and Mexico TV was sold to the Hon Hai Precision Industry from Taiwan. While 5,000 others have been announced by the employee's Sharp advance.

Japan newspaper Yomiuri said, Sharp fired thousands of employees move and sell TV factory is to reduce costs and pay their debts.

Other newspaper even said, Sharp plans to increase the number of employees who will be laid off 10,000 people.

"We continue to work to form an Alliance of the most good with Hon Hai, but there has been no decision made Hon Hai matter of our plant sales in Mexico and China," said Sharp spokesman quoted from Reuters, Monday (21/12/2012).

Currently has a number of Sharp debt 1.25 trillion yen (US $ 16 billion). The company is also struggling to do the refinancing middle of debentures worth 360 billion yen and a convertible bond issue worth 200 billion yen, which will be due next September.

The company will provide assessment reports its assets to banks to get funding to continue its business. Sharp stock price fell more than the current 35% since August.

(dnl/dnl)

Whoa! Thousands Of Employees Of Sharp Returns Threatened LAYOFFS

Jakarta -After previous plans to conduct 5,000 employees, LAYOFFS of electronics manufacturers from Japan, Sharp also plans to get back to doing LAYOFFS of thousands of other employees.

The company's business faltered amid this decided to do LAYOFFS again against thousands of its employees. However there is a bank that intends to lend 60 rumored billion yen (US $ 755 million) to Sharp's internal cash to fill.

Quoted from AFP, Sunday (19/8/2012), Sharp also plans to sell the land in the tabloids and the western part of Japan worth 38,1 billion yen to improve neracanya.

Sharp currently employs 57 thousand employees in several countries in the world. Operating expenses continue to due to the high Sharp soaring energy prices, the high exchange rate of the yen, slowing global demand, and the uncertainty of the global economy.

Had not yet reached there, Sharp also plans to sell the building in Tokyo is worth 42,2 billion yen to its business partners. The news comes after Sharp stock freefall in trade last Friday to the lowest level in 40 years.

Earlier, Sharp is rumored to be stopped production of copy and AC to focus on business more competitive LCD television.

Sharp spokesman denied plans for the sale of assets described above. However stated plans to sell some of its assets.

"We think to sell some assets including buildings in Tokyo and several factories in several countries are currently making a television," the spokesman said.

(dnl/dnl)