2,100 Fujitsu employees apply for early retirement

Aug. 15, 2002 – Tokyo, Japan – Some 2,100 employees of Fujitsu Ltd. have applied for the company’s early retirement plan primarily in line with the restructuring of its printed circuit board business.

The applicants will leave the company by the end of September, reported the Financial Times.

Fujitsu plans to consolidate three printed circuit board manufacturing plants in Japan into one in Nagano, central Japan. The two other plants are in Kanuma, Tochigi Prefecture, north of Tokyo, and in Akashi, Hyogo Prefecture, western Japan.

Some 900 employees at the Nagano plant applied for the early retirement program, 400 at Akashi, and 200 at Kanuma.

In addition, 600 Fujitsu employees on loan to three subsidiaries at the Suzaka plant, Nagano Prefecture, which manufactures semiconductors and electronic parts for telecom devices, also applied for early retirement.


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