Sharp announces structural reform measures to lay off 5,000 people

In order to improve future performance and achieve new growth, Sharp announced structural reform measures. Sharp plans to implement the restructuring of the business group, restructuring the firm, streamlining headquarters functions, and streamlining personnel.

Among them, in the restructuring of business groups, Sharp will focus or reorganize its business headquarters into four business groups. Specifically, the "Digital Information Appliance Group", which is responsible for TV and mobile phones, the "Health Environment and Energy Group", which is responsible for white goods and solar cells, the "Business Solutions Group" responsible for business equipment, and the LCD. The "Device Group" of the business.

According to President Okuda, digital home appliances, "will concentrate the headquarters in Nara, develop new products such as 'Beyond TV', 'Beyond smart phone' and 'Beyond PC'"; in terms of health environment and energy, "plan to adopt new The PCI (Plasma Cluster Ion) and LED Business Division will be expanded to expand B2B business and expand upstream business through energy conservation, energy creation, energy storage and energy production measures.

In terms of streamlining the headquarters, it will “refine the current 16 departments to 9 and strengthen business strategy functions” (Oda). Regarding layoffs, Okuda said that this is the first layoff of Sharp’s “62 years later”. At the end of 2012, the total number of Sharp employees was 56,675, and the number of employees will be reduced by approximately 5,000 to 51,700 by the end of March 2013.

Okuda said, “In addition to the reduction of staff and the transfer of assets caused by the transfer of assets (excluding the factory), voluntary retirement will be implemented. The number of people based on the transfer of assets is reduced to 1,300, so the remaining 3,700 will pass through nature. Reduction of staff and voluntary retirement to achieve", in which the number of attrition is "approximately hundreds of people", and in terms of voluntary retirement, "there will be specific measures with the trade unions in the future."

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