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Tuesday, October 15, 2024
Tuesday, October 15, 2024
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Home Headlines Japan’s Konica Minolta to cut 2,400 jobs, book $132 million in expenses

Japan’s Konica Minolta to cut 2,400 jobs, book $132 million in expenses

by Uma Rajagopal
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2024 04 04T055440Z 1 LYNXNPEK33048 RTROPTP 4 JAPAN CEATEC scaled

Japan’s Konica Minolta to cut 2,400 jobs, book $132 million in expenses

TOKYO (Reuters) – Japan’s Konica Minolta said on Thursday it will trim 2,400 jobs worldwide during the current fiscal year as part of structural reform.

The office business company is expected to book about 20 billion yen ($131.87 million) in one-time expenses for the financial year ending in next March.

($1 = 151.6700 yen)

 

(Reporting by Satoshi Sugiyama; Editing by Kim Coghill)

 

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Uma Rajagopal has been managing the posting of content for multiple platforms since 2021, including Global Banking & Finance Review, Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune. Her role ensures that content is published accurately and efficiently across these diverse publications.