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Tokyo Electric to cut 1,000 more jobs
Published in Saudi Press Agency on 16 - 11 - 2013


Tokyo Electric Power Co, the operator of the
stricken Fukushima nuclear plant, is planning to slash about 1,000
more jobs, through voluntary redundancy in the next financial year,
news reports said Saturday, according to dpa.
The company is considering further restructuring to receive
taxpayers' money to deal with troubled clean-up operations in areas
surrounding the Fukushima Daiichi Nuclear Power Station, the Kyodo
News agency reported, citing unnamed sources.
More than 80,000 residents have been forced to leave the region
due to radioactive contamination after the nuclear disaster.
The plant suffered meltdowns at three of its six reactors after it
was hit by the earthquake and tsunami in March 2011.
The new job cuts in the year through March 2015 are expected to be
part of an updated business plan that Tokyo Electric will announce in
December, Kyodo said.
The 1,000 posts to be axed come on top of current plans to cut the
firm's workforce by 3,600 to 36,000 by March 2014.
The updated plan is expected include a cut in utility rates if the
company can reactivate its idled reactors at the Kashiwazaki-Kariwa
Nuclear Power Station in Niigata prefecture.
However, Tokyo Electric has been facing fierce local opposition to
the reactivation of some reactors, in part because of the company's
poor handling of the Fukushima plant.
The company has been battling with leaks of radiation-contaminated
water from storage tanks in the complex.


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