BUSINESSWEEK ONLINE : AUGUST 9, 1999 ISSUE
INTERNATIONAL BUSINESS

Losing Weight


COMPANY/INDUSTRY            THE DOWNSIZE

SUMITOMO                    Cutting its top subsidiaries
Trading                     from 300 to 150

MITSUBISHI ELECTRIC         Reducing domestic
Machinery                   units from 180 to 140

DAIEI                       Dropped 13 of 132 sub-
Retailing                   sidiaries and affiliates;
                            more cuts may follow

TOYO TIRE & RUBBER          Trimming workforce by
Tiremaker                   1,500 at parent and
                            affiliates


DATA: COMPANY REPORTS


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RELATED ITEMS
Corporate Japan: No Room at the Top

TABLE: Losing Weight



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