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Fujitsu's European arm to announce restructuring - sources
February 6, 2013 / 4:20 PM / 5 years ago

Fujitsu's European arm to announce restructuring - sources

MUNICH, Feb 6 (Reuters) - The European arm of Japan’s Fujitsu is set to unveil a strategic revamp that will include restructuring and job cuts, two people familiar with the matter said.

A spokeswoman for Fujitsu Technology Solutions (FTS), which focuses on data and server centres, said there were plans to take the company in a new direction but declined to provide details.

FTS was created when parent company Fujitsu bought German engineering company Siemens out of 50-50 joint venture Fujitsu Siemens Computers.

The company headquartered in Munich now has more than 13,000 employees in Europe, Africa, the Middle East and India. It has a major site in the southern German city of Augsburg.

Fujitsu in Japan is due to report results on Thursday. (Reporting by Jens Hack; Writing by Maria Sheahan)

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