Fujitsu to halve its office space in three years

IT solutions company Fujitsu is planning to halve its office space in three years as it rewrites the way employees work amid the coronavirus pandemic.
Fujitsu for business ITJapan’s Fujitsu said its roughly 80,000 group employees in Japan would work flexible hours, and work-from-home would be standard wherever possible.

Fujitsu has approximately 130,000 employees to support its customers in more than 100 countries. Fujitsu reported consolidated revenues of 3.9 trillion yen or $35 billion for the fiscal year ended March 31, 2020.

“We will overhaul our current work, allowance and welfare framework that is based on the assumption that employees commute to designated offices every day,” Hiroki Hiramatsu, head of the human resources unit, told a news briefing.

Fujitsu has sold or ditched money-losing hardware businesses such as laptops and smartphones in recent years to focus on software services, a business relatively easy to conduct remotely, Reuters reported.

While reducing office space, Fujitsu plans to launch satellite offices in areas where many employees reside and sign up with more shared workspace providers, Hiramatsu said.