Olympus/JIP transition

Started 8 months ago | Discussions thread
guy_incognito1 Junior Member • Posts: 42
Re: Transfer is official now
1

bobn2 wrote:

guy_incognito1 wrote:

SHood wrote:

It it good to see they kept 2,000 employees including the existing person in charge of Imaging along with the person in charge of R&D.

https://www.olympus-global.com/news/2021/contents/nr02010/nr02010_00000.pdf

I thought the purpose of JIP was as a vehicle to get rid of these employees while getting around pension laws.

Yeah, but if Olympus gets rid of them before the transfer that aim rather fails.

I thought it was more they got rid of the employees they legally could, and shipped the ones they couldn't off to JIP and payed JIP a hefty sum to take it off their hands.

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MNE
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