Japanese electronics maker Hitachi Ltd. predicted it would post a massive net loss this fiscal year and said it will slash about 7,000 jobs as part of a global restructuring plan. Battered by plunging demand, the company forecast Friday a net loss of 700…

Email this Article
Add to del.icio.us
Add to digg
Add to Facebook


See the rest here:
Hitachi forecasts $7.7B loss; to cut 7,000 jobs