Friday, September 30, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Amazon Offers $2.5 Million to Advance Conversational Artificial Intelligence
Raspberry Pi Upgraded With A Visual Overhaul Called Pixel
E FUN Nextbook Ares 11 2-in-1 Android Tablet Costs Just $179
Micron Opens Fab 10 Singapore NAND Flash Memory Fabrication Facility
Qualcomm in Talks to Buy NXP
Microsoft Creation New Artificial Intelligence and Research Group
Game of Thrones Enhanced Edition Comes To iBooks
Automakers Showcase Their Electric Vehicles At 2016 Paris Motor Show
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
Foxconn Completes Sharp Acquisition
Foxconn's Wu Becomes Sharp's New President
Hon Hai To Jointly Develop TVs With Sharp
Sharp's RoBoHoN Phone Goes On Sale
Sharp Showcases Flexible OLED Panel
Hon Hai, Sharp Sign Takeover Deal
Hon Hai Group To But Majority Stake Of Sharp For 388.8 Billion Yen
A Sharp - Foxconn Deal Is Near
Foxconn To Lower Offer For Sharp: report
Sharp, LG Display And Japan Display Could Supply OLEDs For Future iPhones
Talks Between Sharp And Foxconn Continue
Sharp Accepts Foxconn's Takeover Offer, Announces Reconstruction Plan

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .