FUJITSU is to slash axe 1,200 jobs in the UK because of lower than expected revenues, the Japanese giant announced today.
FUJITSU is to slash axe 1,200 jobs in the UK because of lower than expected revenues, the Japanese giant announced today.
The move will see approximately 10% of the company's UK workforce cut.
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.
The firm's top four largest UK sites are in London (350 employees) Manchester (750), Bracknell (1,240) and Stevenage (670).
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