The company appears set to announce the cuts this summer and could start laying people off at some point in the current fiscal year, The Yomiuri Shimbun said this week, without citing sources.
Sharp did not immediately respond to requests to comment on the matter when contacted by Recharge.
The Osaka-based group — which recorded a ¥108.3bn net loss in the first nine months of fiscal 2015 and is expected to post a ¥300bn deficit for the 12 months to the end of March — is a pioneer in the global solar industry, as it started producing PV cells in the early 1960s.
However,