Fujitsu to lay off 16400 workers to save 100 bln yen per year

Fujitsu Ltd., Japan's largest commercial computers maker, announced that it will cut 16,400 staff worldwide in order to turn into black. And the move will cost YEN300 billion. Nevertheless YEN100 billion cost will be saved annually then. Fujitsu share price rebounded, once gaining over 4% today.

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