Stratrix
On the Record · Nippon Telegraph & Telephone

Nippon Telegraph & Telephone layoffs, on the record

Every job cut, severance charge and restructuring Nippon Telegraph & Telephone reported in its annual reports, 2014 to 2017, quoted from the filings. Headcount went from approximately 240,000 to approximately 274,850.

Headcount, as reported

Annual reportEmployeesAs of
20-F for 2014approximately 240,000March 31, 2014
20-F for 2015approximately 241,600March 31, 2015
20-F for 2016approximately 241,450March 31, 2016
20-F for 2017approximately 274,850March 31, 2017

Job cuts, severance and restructuring

  1. Our summaryNTT transferred about 100,000 NTT East and NTT West employees to roughly 100 outsourcing companies as part of a business restructuring. In May 2002 · Affected: approximately 100,000

    Word for word“In May 2002, NTT transferred an aggregate of approximately 100,000 NTT East and NTT West employees to approximately 100 outsourcing companies, each of which began operations specializing in one of three fields: • facilities and equipment: design, installation and maintenance of user systems for corporations, local governments and others; support services for information-related equipment (PCs, routers, etc.); • sales and marketing: marketing of local portals; collection, processing and editing of local content; planning and implementation of IT seminars; planning, design and operation of websites; and • administration and accounting: outsourcing services for payroll settlement, accounting and other functions.” 20-F for 2014

  2. Our summaryNTT East merged the three fields of its regional outsourcing companies into prefectural units and also outsourced branch corporate marketing operations to these new companies. In July 2005

    Word for word“In July 2005, NTT East consolidated the three fields of its regional outsourcing companies into prefectural units, and outsourced branch corporate marketing operations to these new companies as well.” 20-F for 2015

  3. Our summaryNTT East changed its business management structure in response to market and business changes. In July 2014

    Word for word“In July 2014, NTT East revised its business management structure in response to the changing market and business environments in order to further enhance operational efficiency and promote service provision by working even more closely with local communities.” 20-F for 2017

  4. Our summaryNTT America merged with its subsidiary Verio Inc. to restructure its organization and strengthen its cloud business. On April 1, 2015

    Word for word“On April 1, 2015, NTT America, Inc., a subsidiary of NTT Communications, merged with Verio Inc., a subsidiary of NTT America, Inc., in order to restructure its organization and concentrate its capabilities as a means of strengthening its cloud business.” 20-F for 2017

Nippon Telegraph & Telephone has filed no restructuring notice (Form 8-K, Item 2.05) since 2016. Companies file one only for a cut they judge material, so many announced layoffs never appear as one. This page shows what the company reported to the SEC, not news reports or state layoff notices.

Read from Nippon Telegraph & Telephone’s annual reports (20-F for 2017, 20-F for 2016, 20-F for 2015, 20-F for 2014) and the financial data it files with the SEC, as of 2017-06-28. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.