JAPAN’S JTB CORP. TO REDUCE WORKFORCE UNDER BROAD RESTRUCTURING

Highlights –

• Japan’s JTB Corp. to reduce workforce under broad restructuring.
• JTB is said to have recorded a net loss of 78.17 billion yen for the April-September period.
• The company plans to reduce 115 outlets in Japan and close over 190 overseas.
• The company mentioned that it expects a record pretax loss of around 100 billion yen.

Japanese trave....