Advertisement
Singapore markets close in 4 hours 25 minutes

  • Straits Times Index

    3,193.66
    +38.97 (+1.24%)
     

  • Nikkei

    38,153.59
    +191.79 (+0.51%)
     

  • Hang Seng

    16,469.29
    +217.45 (+1.34%)
     

  • FTSE 100

    7,847.99
    +27.63 (+0.35%)
     

  • Bitcoin USD

    62,002.16
    -1,870.78 (-2.93%)
     

  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     

  • S&P 500

    5,022.21
    -29.20 (-0.58%)
     

  • Dow

    37,753.31
    -45.66 (-0.12%)
     

  • Nasdaq

    15,683.37
    -181.88 (-1.15%)
     

  • Gold

    2,389.30
    +0.90 (+0.04%)
     

  • Crude Oil

    82.88
    +0.19 (+0.23%)
     

  • 10-Yr Bond

    4.5850
    -0.0740 (-1.59%)
     

  • FTSE Bursa Malaysia

    1,543.81
    +3.39 (+0.22%)
     

  • Jakarta Composite Index

    7,162.55
    +31.71 (+0.44%)
     

  • PSE Index

    6,532.44
    +82.40 (+1.28%)
     

Fujitsu to cut 400-500 jobs in Germany - Nikkei

Reuters

(Reuters) - Japanese electronics giant Fujitsu Ltd will cut 400-500 jobs in Germany, the Nikkei business daily reported on Friday.

The company on Tuesday had said it would cut 1,800 jobs in Britain, about 18 percent of its UK workforce.

Fujitsu's German unit, which has about 12,000 employees, will make a final decision on the reductions once the negotiations with workers conclude, the business daily reported. (http://s.nikkei.com/2dq2uG5)

The job cuts in Germany would mainly be in information technology system operations and development services, according to the Nikkei report.

(Reporting by Rishika Sadam in Bengaluru; Editing by Shounak Dasgupta)