TOKYO — NEC will offer early retirement packages for 3,000 of the 80,000 people employed in Japan by group companies next fiscal year, as it turns to restructuring yet again to help revive stagnant earnings in a fiercely competitive market.
Workers at the Japanese company’s nine domestic factories along with back-office staff will be asked to leave voluntarily as part of a three-year management plan through fiscal 2020 released Tuesday. NEC expects to reduce labor costs by 30 billion yen ($275 million) by the plan’s final year. It will consider consolidating factories as well.
NEC, which shed 11,300 workers in three rounds of restructuring since 2001, had indicated previously that it would not undertake further downsizing. Pre…
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