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» Toshiba reports record loss, divests medical equipment unit, axes 10K+ jobs
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Toshiba reports record loss, divests medical equipment unit, axes 10K+ jobs
Dec. 23, 2015
By
Alfred Romann
and
Cornelia Zou
No Comments
HONG KONG – Japan's embattled conglomerate Toshiba Corp. has plans to sell off between half and all of the shares of its medical equipment subsidiary as it restructures its operations in the wake of a multi-billion dollar loss last year.
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