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Open Up Group Announces Stable Utilization Rates

Open Up Group Announces Stable Utilization Rates

Open Up Group Inc. (JP:2154) has released an update.

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Open Up Group Inc. reports a modest increase in their employee utilization rate to 94.2% in July 2024, despite a recent slowdown in hiring. The company disclosed a year-over-year rise in the number of domestic engineers by 3,086, alongside a reclassification of staff in preparation for a company split and merger. These adjustments reflect Open Up’s strategic efforts following the acquisition of two sectors from UT Group Co., Ltd.

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