Thursday, August 27, 2009

Fujitsu Job Cuts -'Wholly Unwarrented'

Fujitsu's announcement that it plans to axe 1,200 jobs in the UK have been described as "wholly unwarrented", by Unite National Officer Peter Skyte.

The cuts will affect around 10% of Fujitsu's UK workforce. The Japanese firm expects the layoffs to be completed by the end of the year.

"These proposed redundancies are wholly unwarranted given the company made £200 million in profit last year. It even paid two directors £1.59 million in compensation for loss of office," says Peter.

"Unite is pressing for detailed information about the reasons for this proposal and the areas affected. We will be doing everything possible to protect the jobs of the workforce," he adds.

The majority of Fujitsu's revenue comes from Government and private sector outsourcing contracts. The company was hit last year when it lost a £896 million contract to upgrade the NHS's IT system in the south of England.

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