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NSK OFFERS EARLY RETIREMENT, SEEKS 500 ENROLLEES.

AsiaPulse News

| September 02, 2002 | COPYRIGHT 2002 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

TOKYO, Sept 2 Asia Pulse - NSK Ltd. (TSE:6471) has begun offering an early retirement program in Japan.

The company aims to enlist 500 employees from parent operations and consolidated subsidiaries by the deadline of September 6. This corresponds to roughly 7 per cent of the company's total employees.

Early retirement is open to employees age 30 or over who have worked for the company continuously for at least 10 years.

Those who opt for the ...

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