Wednesday, October 18, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Intel Advances Artificial Intelligence With Nervana Neural Network Processor
Razer Launches Quad-core Blade Stealth Laptop and Core V2 External Graphics Enclosure
Google Designed New Pixel Visual Core Chip Internally
The ZTE Axon M is the First Foldable Smartphone
New Microsoft Surface Book 2 Packs Real Power, Windows 10 Creators Update Release
NXP S32 Automotive Processing Platform Brings Future Vehicles to Market Faster
Google's Advanced Protection Program Adds Security Layers to Gmail
Qualcomm Debuts Snapdragon 636 Mobile Platform, X50 5G Modem For Mobiles
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
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 Releases the AQUOS 8K in Japan, China, Taiwan, and Europe
Sharp Sees Collaboration With Japan Display
Sharp Sues Hisense over 'Shoddily' Made TVs
Sharp's President Confirms US Panel Plant Plan
Sharp To Invest $1 billion in SoftBank's Tech Fund
Cost Cuts Start Paying Off For Sharp
Foxconn To Help Sharp Return To IT Equipment Business: report
Sharp's New 70-inch 8K HDR Display Is Relatively Lightweight And Power-efficient
Sharp Raises Forecast After Reporting Profit For First Quarter
Sharp Establishes New Research and Development Center for Home Appliances in China
Samsung Seeks Arbitration Over LCD Supply Halt
Foxconn To Buy Majority Shares Of Sharp's Sakai Display Products

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .