Friday, May 22, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
YouTube's Music Key Service Pushed Back For September 2015
Factory Resetting Your Android Phone Does Not Delete Everything
Samsung's 10nm Chips Coming Next Year
BIOSTAR to Showcase Intel 100 Series Chipset Motherboards at Computex 2015
Japan Display to Participate in SID DISPLAY WEEK 2015
HP Reports Mixed Q2 Results
Sony to License Its LDAC Audio Technology
NSA Was Targetting Google Play
Active Discussions
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
cdrw trouble
 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's AQUOS 4K NEXT TVs Add Subpixel To Boost Resolution To 8K
Sharp Aquos Crystal 2 And Crystal Xx Smartphones Released
Sharp Returns to Red, Announces Bailout
Sharp May Slash Capital
Sharp Introduces 4K Mobile Display, New Device Business In China Conference
Sharp Said To Spin Off Its LCD Unit
Hon Hai May Invest In Sharp
Sharp to Cut Significant Workforce In Japan: reports
Sharp Will Not Appeal IGZO Court Decision
Sharp To Seek For A Second Bailout: Nikkei
Sharp Develops New Touch-Panel Handwriting Input System
Sharp Launches Professional Grade 4K Ultra HD Display

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .