facebook rss twitter

IT giant Fujitsu to cut 1,200 UK jobs

by Parm Mann on 26 August 2009, 12:30

Tags: Fujitsu (TYO:6702)

Quick Link: HEXUS.net/qatoy

Add to My Vault: x

Fujitsu, one of the world's largest IT services providers, has announced plans to cut 1,200 UK jobs by the end of the year.

In a statement, the Japanese company said that "action is necessary to ensure that the company remains competitive in the current difficult global economic climate".

Over one thousand employees at the firm's Services arm are to be given a statutory 90-day consultation, after Fujitsu revealed that other cost-cutting measures have proved to be insufficient.

"To date the company has taken a number of prudent measures to keep its cost base down and avoid job losses, including a company-wide pay freeze, a reduction in the number of contractors and temporary workers, a re-training programme and tight control of recruitment. In addition, strict controls have been applied to operational and capital expenditure," the company said.

Fujitsu employs over 175,000 employees worldwide, with an estimated 12,500 said to be UK workers. The firm states the decision to make job cuts was made "reluctantly", adding that affected employees will be offered guidance and support.

HEXUS Forums :: 4 Comments

Login with Forum Account

Don't have an account? Register today!
i have just found this article over google. can anyone shed any light on what dept it is ?
only fu****su will know that I'm afraid. Fortunately I left there a while ago but alot of friends still work there and with all the other crap news that comes out from the senior management their fingers crossed it wont be any of them
there are 2 different main memos going around internally at the moment . what arm were you/ friends are from ?
I was made redundent from Fujitsu services back in april and its the best thing thats happened to me since I joined the company. Fujistu are going to be doing those 12,500 people a massive favour.