Fujitsu to axe 1,200 British jobs

12 April 2012

Fujitsu plans to axe 1,200 jobs in the UK because of lower than expected revenues.

The firm, which employs 12,500 workers in this country, unveiled a rationalisation programme across its workforce, saying the cuts were being made "reluctantly".

The company said in a statement: "Action is necessary to ensure that the company remains competitive in the current difficult global economic climate and is in a solid position for future growth when the economy starts to recover."

And it added: "Fujitsu has a strong history of consultation with employees and is committed to working with elected representatives to consider ways of achieving the necessary reductions."

Fujitsu said the jobs will go from its Services arm, which has an annual revenue of £2 billion employing staff on IT and outsourcing contracts for private firms, councils and the Government.

"To date the company has taken a number of prudent measures to keep its cost base down and avoid job losses, including a company-wide pay freeze, a reduction in the number of contractors and temporary workers, a re-training programme and tight control of recruitment.

"In addition, strict controls have been applied to operational and capital expenditure," said the company.

The proposed job cuts are expected to be completed by the end of the year following a statutory 90-day consultation with employees.

Fujitsu said affected employees will be offered guidance and support.

Create a FREE account to continue reading

eros

Registration is a free and easy way to support our journalism.

Join our community where you can: comment on stories; sign up to newsletters; enter competitions and access content on our app.

Your email address

Must be at least 6 characters, include an upper and lower case character and a number

You must be at least 18 years old to create an account

* Required fields

Already have an account? SIGN IN

By clicking Sign up you confirm that your data has been entered correctly and you have read and agree to our Terms of use , Cookie policy and Privacy notice .

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged in

MORE ABOUT