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Toshiba to use crisis for profit-building overhaul

Changes may include selling money-losing PC and appliance arms

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MR MUROMACHI: Has pledged to prune underperforming businesses - including job cuts in appliances, personal computers, TVs and semiconductors - and to announce a detailed plan by Dec 31.

Tokyo

THE biggest crisis in Toshiba Corp's 140-year history gives president Masashi Muromachi an opportunity to push through painful reforms from layoffs to business closures, accelerating the industrial conglomerate's move away from consumer electronics.

Revelations that

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