Agence France-PresseMay 10, 2013 12:31
Shares in struggling Japanese electronics maker Sharp jumped more than seven percent Friday after a report it will cut an extra 5,000 jobs.
The issue was up 7.56 percent at 455 yen on the Tokyo Stock Exchange in early trade following the report in the mass circulation Asahi Shimbun.
Sharp's three-year business plan, due to be announced next week, was likely to include a further slimming of the workforce, mainly outside of Japan, the paper said. The company has already cut thousands of jobs worldwide.