Thursday, September 03, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
This Is The New Moto 360
Lenovo Yoga Tablets Feature A Built-in projector, New Phab Smartphones Look Impressive
Huawei Takes On iPhone 6 Plus With Mate S
Sony Unveils Its New Products at IFA 2015
Samsung IoT Device Will Take Care Of Your Sleep
Acer Unveils New PCs and Phones At IFA 2015
LG To Upgreade WebOS Smart TVs, Demos HDR Content
ASUS Chairman Unveils Many New Products at IFA 2015
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 Home > News > General Computing > Panason...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, February 04, 2009
Panasonic to Slash 15,000 Jobs, Forecasts Loss


Panasonic will cut about 15,000 jobs and predicted its first loss in six years as the deepening recession hurts demand for televisions and cameras.

The company forecast a net loss of 380 billion yen ($4.3 billion) and a 15 percent decline in sales in the year ending March 31.

The company today lowered its revenue forecast by 8.8 percent as falling demand and prices turn the main TV operations unprofitable this year.

Panasonic, which is seeking to buy Sanyo Electric Co. to become the world?s largest maker of rechargeable batteries, said today it?s behind schedule on the planned takeover.

The job cuts will involve part-time and full-time employees. The company also plans to close 27 factories initially and more plants may be shut next fiscal year.


Previous
Next
Blu-ray Camp Believe Blu-ray and Digital Downloads Can Co-exist        All News        Hitachi Delivers 500GB Hard drive for Digital Video and Surveillance Applications
Microsoft and Brother Enter Patent Cross-Licensing Agreement     General Computing News      Google Latitude Software Tracks Mobile Users

Get RSS feed Easy Print E-Mail this Message

Related News
Panasonic to Start Mass-Production of the Sensitive Curved Touch Panel
New 20.3-Megapixel LUMIX DMC-GX8 Comes Supports 4K Capabilities
Panasonic Reports Profit
Panasonic Introduces the Wearable POV Action-cam HX-A1
Panasonic to Share Intellectual Property to Boost Internet of Things
Panasonic Unveiled Data Storage Backup Unit at OCP 2015
MWC: Panasonic Nubo Monitoring Camera Has 4G Connectivity
Panasonic Showcases VR Headset, Produces World's Largest Aspheric Lens
Panasonic Reports Third Quarter Dip
Panasonic LUMIX GF7 Camera Marries Selfie Functions with Classic Style
Panasonic Showcases 8K Display For B2B
Panasonic Showcases Next Generation Blu-ray Disc Player at CES 2015

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .