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Japan’s Konica Minolta to cut 2,400 jobs, book $132 million in expenses

by Staff GBAF Publications Ltd
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Japan’s Konica Minolta to cut 2,400 jobs, book $132 million in expenses

TOKYO (Reuters) – Japan’s Konica Minolta said on Thursday it will trim 2,400 jobs worldwide during the current fiscal year as part of structural reform.

The office business company is expected to book about 20 billion yen ($131.87 million) in one-time expenses for the financial year ending in next March.

($1 = 151.6700 yen)


(Reporting by Satoshi Sugiyama; Editing by Kim Coghill)