Tuesday, September 16, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Orange to Buy Spanish Operator Jazztel
US Government Data Requests Increased: Google
Wi-Fi Alliance Enhances Wi-Fi CERTIFIED Wi-Fi Direct
Canon Develops New Wireless Device For Storing Photos
Google Adds A Steering Wheel To Its Self-Driving Cars
MediaTek Launches Low -power MT7628 SoC for Routers And IoT Gateways
SanDisk Introduces Ultra-fast, High-Capacity microSD UHS-I Memory Card
Updated iSDIO Specification Adds Contactless Data Transfer With TransferJet
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 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 Reveals The Lumix DMC-LX100, Lumix DMC-GM5 Cameras And the DMC-CM1 Smartphone
Panasonic Showcases Optimized Workflow at IBC 2014
Panasonic Announces Rugged Toughpad FZ-E1 Tablet at IFA 2014
Panasonic Legendary Audio Brand Technics Returns
Panasonic and Tesla Sign Agreement for the Gigafactory
Panasonic Seeks To Sell Its Mobile Base Station Business to Nokia
Panasonic Updates Toughpad FZ-G1 10-inch Tablet
Intel To Manufacture Future Panasonic SoCs Using Intel's 14nm Low-Power Process
Panasonic Releases Its 2014 Life+Screen AX800 Series 4K Ultra HDTVs
Fujitsu Buys Shares of Panasonic Information Technology Solutions
Panasonic, Samsung Debut Devices For Connected Classrooms
Panasonic Toughpad Line Gets Smaller And Tougher with Rugged Handheld Tablets

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .