Sharp May Offer Buyouts as It Cuts Jobs After Lowering Outlook

Sharp May Offer Buyouts as It Cuts Jobs After Lowering Outlook

Tomohiro Ohsumi/Bloomberg

Sharp is shrinking its workforce and may sell off factories after increasing its annual loss forecast to 250 billion yen ($3.2 billion) amid lower TV demand and a strong yen, which is eroding overseas earnings at the Osaka-based company and rivals Sony Corp. and Panasonic Corp.