Socialist Worker

Fujitsu fat cat rewards

Issue No. 2208

IT giant Fujitsu has sent more than 50 top bosses on an all-expenses paid holiday to Bermuda—while the firm’s 14,000 workers face a pay freeze.

The bosses are even allowed to bring their partners.

The company says the trip is to “reward” management “stars”. Meanwhile the Unite union says many workers earn just £12,000 per year.

Fujitsu also closed its final salary pension scheme last year. But strikes by workers forced management to make concessions over job cuts.

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Tue 29 Jun 2010, 18:49 BST
Issue No. 2208
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