Brief: Japan Chipmaker Renesas To Cut More Jobs, Freeze Pay Increases - Nikkei
Jan 7 (Reuters) - Nikkei:
* JAPAN CHIPMAKER RENESAS TO CUT MORE JOBS, FREEZE PAY
INCREASES -
NIKKEI
* RENESAS ELECTRONICS WILL CUT UP TO SEVERAL HUNDRED JOBS
THIS
YEAR - NIKKEI
* RENESAS HAS INFORMED EMPLOYEES OF PLANS TO CUT LESS THAN
5% OF
ITS ROUGHLY 21,000 JOBS IN JAPAN AND OVERSEAS - NIKKEI
* RENESAS ELECTRONICS WILL POSTPONE REGULAR SALARY INCREASES
THAT
WERE TO TAKE EFFECT IN SPRING THIS YEAR - NIKKEI
Further company coverage: 6723.T
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Renesas Electronics
See all newsJapan's strong-armed $21 bln chip bet is low risk
Analysis: As Japan pursues a chip-industry reboot, it's being pressed to build America's
Japan to invest up to $21 billion in two GlobalFoundries chip factories in New York (updated)
Japan to invest up to $21 billion in two US chip factories to be run by GlobalFoundries
Navitas sues rival chipmaker Renesas for patent infringement (updated)