Toshiba expects bigger loss, contract job cuts

(AP) -- Toshiba Corp., Japan's top chipmaker, Friday said its net loss for the last fiscal year will be bigger than forecast due to a large write-off, and warned that more contract jobs will be cut.

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<p><a href="http://www.physorg.com/news159175692.html">Toshiba expects bigger loss, contract job cuts</a></p> <p>(AP) -- Toshiba Corp., Japan's top chipmaker, Friday said its net loss for the last fiscal year will be bigger than forecast due to a large write-off, and warned that more contract jobs will be cut.</p>