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Reuters: Toshiba to cut costs by $3.3 billion amid record loss

Started by chris, January 29, 2009, 10:59:10 AM

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Toshiba to cut costs by $3.3 billion amid record loss
      


TOKYO (Reuters) - Japan's Toshiba Corp  plans cost cuts by $3.3 billion next business year by slashing capital spending and contract jobs, as the chip sector doldrums and a global slowdown put the electronics group on course for its worst-ever annual loss.<div class="feedflare">
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