Thread regarding Toshiba layoffs

Toshiba Layoffs 2021

Anyone heard layoff rumors?

https://www.nytimes.com/2021/04/14/business/toshibas-ceo-resigns.html

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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