Sharp Overwhelmed By Volunteers For Early Retirement

jfruh writes "Sharp, the Japanese LCD supplier in dire financial straits, is trying to cut staffing by offering an early retirement package. Unfortunately, it seems Sharp employees are eager to abandon a sinking ship. The company was planning on cutting its headcount by about 2,000 employees with the move; instead, it had to cut short the program after getting nearly 3,000 applicants."

Comments

Re:this is a bad sign

[Anonymous Coward]

Meh, they'll just do what we do to teachers. You wait until they've fulfilled their contracts, over the course of decades, retire, and then just retroactively change the retirement plan so those elderly with no options are left with less than they were supposed to get.