Monday, September 26, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
HERE To Offer Live Traffic Services Based On Data Gathered by Other Cars
JDI Develops 12.3-inch Curved LCD for Automotive Applications
Snapchat Introduces 'Spectacles' Camera-equipped Glasses, Changes Company name To Snap
Nvidia GPUs Could Return To Apple Macs
Lenovo Brings Fingerprint Authenticated Payments To Laptops
Report Cites Google, Salesforce Interest For Twitter
Dalian Wanda and Sony Enters Team Up in China Movie Business
Apple Develops Amazon Echo-Style Device
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 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 Releases New LUMIX Cameras Including The 6K LUMIX GH5
NHK Join Forces With Panasonic And Sony To Win The 8K TV Race
Nissan Said to Exit Battery Business
Panasonic To Pay 129 Million Euros Fine Over Cathode Ray Tube Price Fixing Case
Panasonic Unveils 8K Ultra-bright Images Created by Four 4K Projectors
Panasonic LUMIX GX85 Packs High Image Quality In a Compact Body
Panasonic Develops Secong Generation Freeze-ray Optical Disc-Based Data Archive System
Panasonic Announces Two New Rugged Smartphones
Panasonic At CES 2016
Panasonic And Facebook Develop Optical Disc-Based Data Archive System For Data Centers
Panasonic Develops Single Cable and Connector Solution for Transmission of 8K Video Signals
Panasonic Develops Resin Film For Stretchable Electronics

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .