Renesas Electronics to Cut More Than 5,000 Jobs

Renesas Electronics to Cut More Than 5,000 Jobs

Tomohiro Ohsumi/Bloomberg

Employees work in a clean room on the production line at Renesas Electronics Corp.'s plant in Hitachinaka city, Ibaraki prefecture, Japan. The company had 42,800 workers as of the end of March, according to data compiled by Bloomberg.