TOKYO, May 12 (Pulse News Wire) – Olympus Corporation (7733.T) reported mid-year progress on its global workforce optimization program, initiated as part of its strategic plan announced on November 7, 2025. As of April 30, 2026, the company has reduced approximately 1,800 positions out of the targeted 2,000 positions across its operations and subsidiaries during the fiscal year ending March 2027.
The company expects total costs associated with this initiative to amount to around ¥32.00 billion. In the fiscal year ending March 2026, Olympus has recorded expenses of ¥26.90 billion under “other expenses,” while the remaining estimated cost of ¥5 billion will be reflected in the same category for the fiscal year ending March 2027.
Looking ahead, Olympus continues to make steady progress towards achieving its initial goal of reducing approximately 2,000 positions globally. Any significant developments related to this program will be disclosed promptly.
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