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February 12, 2006

Fuji to slash jobs and cut film production

According to BusinessWeek, Fuji Photo Film (NASDAQ: FUJIY) of Japan, the countries largest film manufacturer have lowered their projected earnings by 77% to $170 million USD for their fiscal year ending in March 2006. As a result, they are to cut 5,000 jobs and are going to scale down their film production.

Posted by bgs at February 12, 2006 11:34 AM