Japan's Postal Service to Cut Jobs

Share this article:
Japan's Postal Services Agency is considering cutting as many as 20,000 jobs in five years out of a total of 300,000 employees, according to a report yesterday from Bridge Information Systems Inc.


According to a Japan Postal Services spokesman, the slimming down is an attempt by the agency to return to profitability as it prepares to transfer its mail, savings and life insurance operations to a public corporation in 2003.


This material may not be published, broadcast, rewritten or redistributed in any form without prior authorization. Your use of this website constitutes acceptance of Haymarket Media's Privacy Policy and Terms & Conditions