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Renesas Electronics Corp announces result of early-retirement program and expects extraordinary loss for FY 2014 Q4

Wednesday, 19 Mar 2014 02:00am EDT 

Renesas Electronics Corp:Says 696 employees took up the offer of the early-retirement program announced on Feb.19.Effective date of retirement is March 31.A premium will be added to the normal retirement allowance of eligible applicants.Says eligible applicants will also have the option to receive job-placement assistance.Expects extraordinary loss of about 3,000 million yen for Q4 of FY ending March 31, 2014. 

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13.0 +1.66%
27 Nov 2015