Renesas to Cut More Than 3,000 Additional Jobs Under Rescue Plan

Renesas to Cut More Than 3,000 Additional Jobs Under Rescue Plan

Tomohiro Ohsumi/Bloomberg

An employee walks through a clean room at Renesas Electronics Corp.'s Naka plant in Hitachinaka city, Ibaraki prefecture, Japan. The 3,000 job cuts add to about 7,500 positions Renesas reduced through a buyout program in October.