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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Challo Jeregy who wrote (15800)	8/19/2001 12:08:30 PM
From: Challo Jeregy	Read Replies (1) \| Respond to of 52237

Sunday August 19, 10:16 am Eastern Time Chipmaker Reportedly to Cut Workforce TOKYO (Reuters) - Japanese giant chipmaker Fujitsu Ltd. will slash its worldwide workforce by 15,000, or nearly 10 percent, and close some overseas plants in response to the high-tech slump, a newspaper said on Sunday. Fujitsu will slash the jobs by next March, the paper said, while Kyodo news agency said the plant closures will take place by March 2004. Analysts have taken a positive view of the company's pledge to buckle down and reform after months of sticking stubbornly to rosy forecasts that critics said were overly optimistic. biz.yahoo.com