Olympus Fires 2,700 Employees

Olympus To Fire 2,700 Employees by 2014. (Image via Bloomberg)

Olympus has discussed, analyzed and concluded, as expected, in a press statement. In principle, it is about confirmations of the statements in April. The company has lost $1.7 billion in accounting frauds.
Staff will be reduced with 2,700 (about 7%) of the over 34,000 employees by March 2014 and business strategy will include signing capital alliances, also being taken into account the sale of shares, as President Hiroyuki Sasa …