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Fujitsu UK says job cuts needed to boost margins

Thursday 17 November 2016 | 13:43 CET | News
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After Fujtsu announced plans to cut 1,800 jobs in the UK, up to 2,500 employees said they have have received letters telling them their jobs were at risk, the Register reported. Meanwhile, the Unite union has announced fresh strike action at the company's Manchester site to coincide with the Fujitsu Forum trade fair in Munich. Fujitsu UK and Ireland chair Michael Keegan told the Register that the eliminations were needed to boost margins, which he said were significantly below market expectations. Unite said the cuts were not needed, in light of company revenues last year for the UK, reported

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Categories: IT
Companies: Fujitsu
Countries: United Kingdom
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