(Update) Struggling JDI to Cut 1,500 Jobs in Japan
Tokyo, May 15 (Jiji Press)--Japan Display Inc. said Thursday that it will cut about 1,500 jobs in Japan, or nearly 60 pct of its domestic workforce, as it is in the red for the 11th consecutive year.
The struggling maker of small and midsize liquid crystal display panels reported a consolidated net loss of 78.2 billion yen for fiscal 2024, even larger than the previous year's loss of 44.3 billion yen.
(2025/05/15-21:59)
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