*NEWS*CANON TAKES ON 5,000 FULLTIME STAFF

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Date: Wednesday March 28, 2007 09:40:00 am
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    Canon to take on 5,000 fulltime staff
    The Japanese high-tech giant Canon says it will make around 1,000 casual workers into permanent fulltime staff, as it braces for the first wave of baby boomer retirements.A company spokeswoman says over the next two years, Canon will taken on around 5,000 permament staff, including those drawn from its pool of casual workers, many of whom already work full-time for the company.She says Canon will give temporary contracts to another 2,500 casual workers, many of whom were hired through employment agencies, and will also recruit 1,500 new graduates.

    Canon says the move is necessary to stop its workforce from shrinking.
    “Many of our experienced workers are set to retire,” the spokeswoman said.”Our employment plan should help us to retain skilled workers and pass on the skills to new people.”Canon has been buffeted by a series of critical media reports which accused the company of violating employment laws by not offering adequate labour protection.Many Japanese companies began hiring low-paid part-time workers in the 1990s in a bid to cut costs amid an economic downturn.But with unemployment now at an eight-year low of 4 percent, competition for skilled workers is growing, exacerbated by older workers retiring.

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