Toshiba CEO Satoshi Tsunakawa resigns and corporate SVP Taro Shimada will succeed him; Toshiba plans to hold a reorganization shareholder meeting on March 24
Nikkei Asia :
How “neo-conglomerates” like Apple, Amazon, Alphabet, Microsoft, and Meta replaced and outgrew industrial conglomerates like GE, Toshiba, and Johnson & Johnson
it is like cutting an egg in half” Tweets: Darren Herman / @dherman76 : When I was in college, we studied GE pretty intensely. Today? https://www.wsj.com/... Peter Kafka / @pkafka : Related! FTC Lina ...
Toshiba names Satoshi Tsunakawa, former head of Medical Systems unit sold to Canon in March, as new CEO
Maki Sagami / Nikkei :
Toshiba predicts $4.5bn loss, plans to fire 7,000 employees
Charlie Osborne / ZDNet :
Toshiba predicts $4.5bn loss, plans to fire 7,000 employees
The accounting scandal has left an indelible mark on the firm, leading to drastic restructuring efforts. — Toshiba's financial struggles have reached breaking point, leading to a restructuring effor...