Thread regarding Toshiba layoffs

Toshiba Layoffs 2021

Anyone heard layoff rumors?

Toshiba’s top executive resigns amid company turmoil.
April 14, 2021

Toshiba announced on Wednesday the resignation of its top executive, Nobuaki Kurumatani, a move that comes as the Japanese conglomerate faces a potential buyout and a shareholder-initiated investigation into its management practices.

The board appointed Satoshi Tsunakawa — the current chairman and previous president — to replace Mr. Kurumatani, the company said in a brief statement. It did not explain the reason for the change.

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I did hear a rumor that there was a potential technician selloff to dealers. This seems to be a common thing in the imaging channel right now for all manufacturers and direct to support.

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