Apple Inc supplier Japan Display Inc is considering slashing about 1,000 jobs, o...
FILE PHOTO: Japan Display Inc's logo is pictured at its headquarters in Tokyo, Japan, August 9, 2016. REUTERS/Kim Kyung-Hoon/File Photo
TOKYO - Apple Inc supplier Japan Display Inc is considering slashing about 1,000 jobs, or about a fifth of its parent-only workforce, as it eyes a bailout from a Chinese-Taiwanese consortium, the Nikkei business daily reported on Wednesday. The struggling smartphone screen maker is expected to announce restructuring measures along with its full-year earnings at 3 p.m. .
On Monday, it said the Chinese-Taiwanese group was delaying an up to 80 billion yen investment in order to reassess the company’s prospects.Reporting by Makiko Yamazaki and Chang-Ran Kim; Editing by Stephen Coates
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