Fujitsu eyes 5,000 job cuts

Partnership with Apple, right now. It is the only solution for tech-dinosaurs. Japanese tech companies could have been the sole suppliers for Apple, if they had been smart some 10 years ago. They have the tech, the know-how, the efficiency.

Fujitsu have been moving away from manufacturing towards services in recent years. Unfortunately, they aren't very good at providing services.

while moving another 4,500 jobs off its payroll to a separate, independent company as part of its chip business overhaul.

Translation: Move the jobs to a cheap labour country.

Fujitsu said it was in talks with labor unions to chop about 5,000 jobs from a 170,000-strong global staff, while moving another 4,500 jobs off its payroll to a separate, independent company as part of its chip business overhaul.

5000 jobs is a drop in the bucket with these kinds of losses. Last year HP cut 29000 jobs out of a global staff of around 300000, at least Meg (the CEO) was serious about doing something to stop the red ink and reorganize the business. Lifetime employment still going strong in Japan, it's the real cancer of this country, how about Abe-san starts doing something about this and give Japanese companies a chance?

while moving another 4,500 jobs off its payroll to a separate, independent company as part of its chip business overhaul.

Translation: Move the jobs to a cheap labour country.

Japanese translation: save the redundancy payments and let the government take care to pay for the turn-around of the new company. In case it goes belly-up, it doesn't create a negative press for you.

Oh GOd, Japanese big time companies going down.... tsk3x