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24 Oct 2001
Fujitsu is to cut another 4000 jobs outside Japan, bringing the total of non-Japanese layoffs to 15,400.
The firm will also cut 500 jobs in Japan. The additional 4500 losses come on top of plans detailed in August to shed 16,400 staff worldwide.
The cuts will go in the firm's manufacturing division, and aren't likely to hit the UK and Eire hard, if at all.
A Fujitsu spokesman told vnunet.com: "The majority will go in south east Asia and the US, which are the focus of these measures. However, I couldn't say that no jobs will be lost in Europe."
The company has posted a net loss of £998m (174.7bn yen) for the three months to the end of September, and has said it no longer expects a profit for the year to March 2002.
Analysts said that earlier estimates that Fujitsu would make a profit had been a "bit optimistic", and warned that it may make a loss on the year.
They said that the company, which has operations in numerous sectors of the IT industry, has been hit hard by the overall market slump.
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UK Redundancies
I work for Fujitsu manufacturing operations at Birmingham Business Park and today we were told that manufacturing is being relocated to the US and we are all being made redundant.
Posted by: L Flynn 16 Apr 2008