Major Japanese manufacturers offer reduced bonuses

Major Japanese manufacturers offer reduced bonuses

TOKYO, Japan - An official of the Japan Council of Metalworkers' Unions writes downs offers received by its member labor unions from management during spring wage negotiations at its office in Tokyo on March 14, 2012. Major Japanese manufacturers offered reduced bonuses the same day for fiscal 2012 starting next month, citing a deterioration in the business environment in the wake of the March 2011 earthquake and the yen's historic strength. (Kyodo)

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