Monday, December 22, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung Introduces SE790C Curved Monitor
Chinese Motion-sensing VR Glasses Coming On Kickstarter
Kodak Returns To CES With Consumer Product Line
North Korea Suggests Joint Inverstigation With U.S. Over Sony Hacking
T-Mobile to Pay $90 Million To Settle Case With FCC
New Trojan Targetted Banks Wordlwide
FBI Confirms North Korea Was Behind Sony Hack
Apple Responds To BBC's Allegations Over Working Conditions In Chinese Factory
Active Discussions
Digital Audio Extraction and Plextools
Will there be any trade in scheme for the coming PSP Go?
Hello, Glad to be Aboard!!!
Best optical drive for ripping CD's? My LG 4163B is mediocre.
Hi All!
cdrw trouble
CDR for car Sat Nav
DVD/DL for Optiarc 7191S at 8X
 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 Showcases 4.1-inch, 736ppi IGZO LCD Prototype
Sharp 2Q Profit Slides
Sharp To Produce New Backlight-free LCD Panel For Wearables
Sharp To Start Making 4K Displays For Smartphones
Sharp Licensing TV Brand in Europe to Slovak Universal Media
Sharp Pushes Back Production Of Energy-efficient MEMS-IGZO Displays
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

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 .