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JAPAN'S TOMEN AIMS TO CUT LABOR EXPENSES BY 30 PCT.
Publication: AsiaPulse News Publication Date: 31-MAR-03 |
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COPYRIGHT 2003 Asia Pulse Pty Ltd
TOKYO, March 31 Asia Pulse - Tomen Corp. (TSE:8003), which is undergoing restructuring, plans to slash labor expenses at the parent company by some 30 per cent by fiscal 2005.
In addition to shedding 100 or so employees through natural attrition and by restraining new hiring, the struggling trading...
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