IT vendor Fujitsu faces possible strike action from staff if a ballot of 2,000 members of trade union Unite votes in favour of the move.
Up to a third of the company's 12,000 UK employees could be hit by changes to its pension plan, according to Unite.
Further reading
The union will conduct a consultative ballot on strike action over pay and pensions involving up to 2,000 members employed by the supplier, highlighting Fujitsu Services' "significant profits."
Unite said Fujitsu intends to dismiss employees after a consultation period about pension plans ends in September, "and offer them employment on new contracts which are unchanged except in relation to pensions."
"Fujitsu Services is a highly profitable and successful company which is seeking to take advantage of the recession to attack pay, pensions and conditions," said Unite national officer for IT and communications Peter Skyte.
Unite also pointed to Fujitsu's increase in gross margins to 19.9 per cent and a payout to two directors of £1.59m in compensation for loss of office.
Skyte said that Unite's position was to protect the defined benefit pension scheme.
"Any changes which reduce financial risk to the company at the expense of members should be compensated for accordingly,” he said.
Have your say on this article
Newsletters
Latest stories from Finance and Reporting
Latest videos
You may also like
Finance and Reporting jobs
Technology Patent Wars
Case studies from large organisations across all sectors
... And rich media, and flexible working, and peaks in traffic ...
Upcoming Events
Join us for this Computing web seminar, in which the Head of BI at the Co-operative Group Nick Colebourn will be explaining just how he reigned in the Group’s sprawling database estate and how significant savings were realised and data quality improved as a result.
Date: 31 May 2012
Time: 11:00 AM
Live June 13th 11:00am: Register now. During this web seminar we will be looking at the sorts of incidents that can bring data centres grinding to a halt and what can be done about them.
Date: 13 Jun 2012
Time: 11:00 am
Receive the latest jobs direct to your inbox
Are you being paid what you are worth?