Saturday, August 30, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Intel Hopes To Improve Its Mobile Business With Ex-Qualcomm exec
Kingston HyperX Demos DDR4 Memory at PAX Prime
Corsair and ASUS Fastest DDR4 Memory Kit
Intel Unleashes its First 8-Core Desktop Processor For Gaming
Samsung Partners with Nike On Running App
Samsung Applied for Samsung Quantum Dot TV Trademark
New iPhones Expected at Sept. 9 Event
Google Tests Drones For Delivery Of Goods
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 Home > News > General Computing > Sharp E...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, November 20, 2012
Sharp Employees Rush To Apply For Early Retirement Plan


Struggling Japanese manufacturer Sharp has cut its voluntary retirement program as applicants quickly exceeded its goal of 2,000 early retirees.

The company said Tuesday that it ended the program after a week, having received 2,960 applicants, about 10 percent of its Japan-based workforce. Previously, Sharp planned to run for two weeks targeting about 2,000 retirees.

Announced in August, Sharp's retirement program is part of its restructuring efforts. The company forecasts a US$5.6 billion loss this fiscal year.

The job cuts are taking place as Sharp negotiates with major foreign IT companies such as Intel and Hon Hai Precision Industry.

Although the company has secured loans from its banks, it is still trying to to deal with a major cash crunch. In the meantime, the company runs some of the largest LCD assembly lines in the world and has been trying to shift production away from televisions to the market for smartphone and tablet displays.


Previous
Next
Sony Music Unlimited Subscription Available For $12        All News        Firefox for Android Now Supports ARMv6 Phones
Sony Music Unlimited Subscription Available For $12     General Computing News      U.S. ITC TO Review Apple, Samsung Patent Case

Get RSS feed Easy Print E-Mail this Message

Related News
Sharp, Pioneer Dissolve Their Capital Alliance
Sharp Launches 12-Mpixel CMOS Sensor for 4k Video
Sharp Brings Bezel-free Smartphone To The U.S.
Chinese Smartphones Boost Sharp's 1Q Operating Profit
Sharp Develops Brighter LED for LCD Backlights
Sharp to Exit TV And Home Appliance European Markets
Sharp Develops Free-Form Display
Sharp Introduces new 4K Video Recorder
Sharp Blames Yen For Profit Drop
Sharp To Start Mass Producing Ultra-high Resolution LCDs
Sharp Improves LCD Viewing Angle With New Optical Film
Sharp Reports Improved Results

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .