Fujitsu Plans to cut 1,800 jobs in UK as it has informed media in conference. It informed that the company was planning to modernize its operations and making it more competitive in global information technology market.
On Wednesday, October 12, 2016, the Japanese It giant, Fujitsu informed about it plans to cut approximately 1800 jobs in Britain, which is defined as a part of reorganization programme.
It informed that the company was planning to modernize its operations and making it more competitive in global information technology market.
The company has decided to pull off 13 percent of its entire workforce in Britain and Ireland. However, the company has large number of Japanese employer in Britain with almost 14,000 staff.
Fujitsu plans did the announcement but was not at all related to Brexit.
Nevertheless, the programme will enable Fujitsu in supporting customers in the era of digital transformation as per the statement of company to media.
With the restructuration of the company, customers will get better service and respond as per their needs.
In order to remain competitive in the global market, Fujitsu has planned to streamline operations.
However, last Thursday, the shares of the company soared as per information as it was considering to merge with the struggling personal computer division with China’s Lenovo.
Japanese firms have been selling off assets in recent years as they struggle to reorganise in the face of stiff competition from lower-cost rivals abroad, including in China and South Korea.
Fujitsu Plans was established in 1935 and it is fifth largest IT service provider in the world and largest IT Company in Japan.
All over the world the company has around 1,56,000 workers associated with company.
Within Britain and Ireland, it claims to enable processing of 2.8 million passports and more than 10 million driving license updates every year.