Fujitsu to cut up to 500 jobs in Germany

German workers latest target as Japanese tech giant scales back in Europe: Nikkei

October 15, 2016 11:06 AM (UTC+8)

Fujitsu Inc. is cutting between 400 and 500 jobs in Germany as the Japanese electronics giant focuses on more profitable parts of its European business and shifts some roles to cheaper countries, Nikkei reported.

The latest round of cuts add to 2,200 jobs already lost in the UK and Finland, Nikkei said. Fujitsu Technology Solutions, the German unit, will set the final number of losses after negotiations with its about 12,000 workers, the report said.

Fujitsu is shifting resources toward growing fields such as the internet of things, while lowering costs by transferring software development and customer service to countries with cheaper labor, Nikkei said.

 

Comments