"Fujitsu Faces UK Minister Talks Over Post Office Compensation Scandal"
TL;DR Summary
Fujitsu Ltd. saw over $1 billion wiped off its market value as its European chief acknowledged a moral responsibility to provide compensation for its involvement in the UK Post Office scandal. The company's shares fell 4% by the close of trading in Tokyo and have declined more than 8% since the beginning of the year.
Topics:world#business#compensation#corporate-responsibility#fujitsu#stock-market#uk-post-office-scandal
- Horizon Post Office Scandal: Fujitsu Shares Take $1 Billion Knock Bloomberg
- ‘Truly sorry.’ Fujitsu says it will compensate UK postal workers who were ruined by its software CNN
- Fujitsu employee says she ‘wasn’t aware’ of data integrity issues with Horizon IT system The Independent
- Post Office IT scandal: minister asks Fujitsu for talks on payouts for victims The Guardian
- UK minister seeks talks with Fujitsu over Post Office compensation -source Reuters UK
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