BUSINESSWEEK ONLINE : MARCH 22, 1999 ISSUE
INTERNATIONAL BUSINESS

Job Losses at Japan Inc.


SONY GROUP
Will shed 17,000 workers over four years

NEC
Plan is to ax 15,000 jobs worldwide over three years

HITACHI
Has already made 4,000 cuts--and more are coming

SAKURA BANK
Some 4,200 jobs will be gone by April, 2003

OMRON
The maker of electronics components wants to lose 2,000 positions

TOYO ENGINEERING
Has to shrink its payroll 29%, so 400 staffers will go

OJI PAPER
Has to get rid of 1,500 people over three years


DATA: COMPANY REPORTS, BUSINESS WEEK


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