Toshiba facing bankruptcy, total disintegration thanks to bad bets on nuclear power

Toshiba went into meltdown today, announcing a $3.4 billion loss, a write-down of $6.2 billion, and the collapse of its nuclear construction business. The firm, which employs more than 200,000 people worldwide, is facing bankruptcy.

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Toshiba facing bankruptcy, total disintegration thanks to bad bets on nuclear power

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Toshiba went into meltdown today, announcing a $3.4 billion loss, a write-down of $6.2 billion, and the collapse of its nuclear construction business. The firm, which employs more than 200,000 people worldwide, is facing bankruptcy.

The post appeared first on .

Toshiba facing bankruptcy, total disintegration thanks to bad bets on nuclear power