Toshiba to cut 3,000 jobs and outsource production to stem TV losses
![](https://s.yimg.com/ny/api/res/1.2/XAaeWEO4szhrBkdqr3jbjA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTYwNQ--/https://s.yimg.com/uu/api/res/1.2/bq80IDFi_Ej5RkouIS4GjQ--~B/aD0zOTE7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://www.blogcdn.com/www.engadget.com/media/2013/09/toshibatv.jpg)
It's not as if Toshiba's TV division has been totally silent recently, but it apparently hasn't been making enough noise to justify the continued employment of its full, 6,000-strong workforce. Although it's not quite ready to give up, the Japanese manufacturer is scaling back its TV operation heavily: losing half of its staff globally and closing two of its three TV factories in favor of more outsourced production. The cuts are intended help Toshiba meet its target of $101 million in cost savings and the company hopes its TV division will return to profitability this year -- but as you'd expect, at a much smaller scale than it once had.