Hitachi bottes caoutchouc China denies rumor of job cuts

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Hitachi bottes caoutchouc China denies rumor of job cuts
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Hitachi China denies rumor of job cutsPublished: 03 Mar 2009 00:00:00 PST

Mar. 3, 2009 (China Knowledge) – Hitachi (China) Digital Image Group has verified with Hitachi China Ltd that it will not shed staff in its TV department in China, according to Wei Xudong, minister of Hitachi (China) Digital Image Group, sources reported.

Previously, Hong Kong media reported that the giant Japan-based electronics and electrical company would initiate a restructuring plan calling for 2,000 job cuts in the Hitachi (China) Digital Image Group and reduction in the scale of its Fujian production base.

Wei said the Hitachi (China) Digital Image Group will continue to carry out its R&D work and will keep on producing and selling products such as Plasma TVs and LCD TVs.

Earlier this month, Hitachi China Ltd appointed Nobuyuki Ohno as executive director and chairman to enhance its Chinese business.

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