Sharp to Cut 5,000 Jobs As Quarterly Loss Worsens

August 02, 2012 at 12:25PM

TOKYO (AP) — Japanese electronics maker Sharp Corp. is slashing 5,000 jobs over the next year, or nearly 9 percent of its global workforce, after its quarterly loss ballooned from a year earlier.

Sharp to Cut 5,000 Jobs As Quarterly Loss Worsens from U.S. News