Fujitsu has announced plans to cut up to 10% of its 12,500-strong UK workforce.

The Japanese company, which lost ¥29.2bn (£190m) worldwide last quarter, said as many as 1,200 jobs would go at its sites across Britain and Northern Ireland in a rationalisation programme that it was embarking on 'reluctantly'.

Fujitsu had forecast a turnover in the UK of £2bn for the financial year to next March, but revenue was running below anticipated levels, a spokesman said.

The company does not plan to target particular sites for the job cuts, but its plant in Bracknell, in Berkshire, is likely to be among the locations hardest hit as it is home to the largest share of Fujitsu’s UK staff workforce, with 1,200 employees.

Daily Telegraph