NEC Corp., which cut 10,000 jobs this year, will probably reject workers from ailing affiliate Renesas Electronics Corp. while a consortium negotiates a bailout package.
"I'm negative" on accepting Renesas employees, Chief Financial Officer Isamu Kawashima said in an interview at NEC's headquarters in Tokyo this week.
He declined to elaborate on plans for the unprofitable chip-maker, which is 35 percent owned by NEC, saying no decisions have been made.
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