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Personnel reduction
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Capital investment reduction |
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NTT East/West capital investment during the three years from FY 2000 to 2002 is being reduced by approximately 900 billion yen. |
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Other |
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System of performance-based promotions and wages, no regular pay raise after age 50 (April 2001). |
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Various cost reductions should improve the balance sheet by around 100 billion yen in FY 2002. |
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No base increase in spring labor negotiations (FY 2000-2001), lowering of bonuses. |
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