| BUSINESSWEEK ONLINE : AUGUST 9, 1999 ISSUE | ||||||||
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| INTERNATIONAL BUSINESS
Losing Weight COMPANY/INDUSTRY THE DOWNSIZE
SUMITOMO Cutting its top subsidiaries
Trading from 300 to 150
MITSUBISHI ELECTRIC Reducing domestic
Machinery units from 180 to 140
DAIEI Dropped 13 of 132 sub-
Retailing sidiaries and affiliates;
more cuts may follow
TOYO TIRE & RUBBER Trimming workforce by
Tiremaker 1,500 at parent and
affiliates
DATA: COMPANY REPORTS
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RELATED ITEMS Corporate Japan: No Room at the Top TABLE: Losing Weight INTERACT E-Mail to Business Week Online | |||||||