Wednesday, June 20, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung, SK Hynix Experience Low Yields in 18nm DRAM Production
EU Parliament Takes First Step to pass Tough EU Copyright Rules
New European Rules Could Make Google, Facebook and Others Responsible For Copyrighted Content On their Services
Verizon, Sprint, AT&T and T-Mobile To Stop Sharing Cell Phone Location Data
Hackers Breached Satellite, Defense Companies
Benchmarks With the 32-core AMD Threadripper Appear Online
Facebook Offers More Tools To Video Creators
Western Digital Adds 12TB Western Digital Purple Drive to Surveillance Portfolio
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

Friday, April 29, 2011
Panasonic To Cut 40,000 Jobs


Panasonic plans to cut nearly 40,000 jobs worldwide by the end of March 2013, the largest ever downsizing by a Japanese manufacturer.

The program will mean a 10-percent reduction in the group's global work force and is expected to bite deepest into divisions and subsidiaries outside Japan.

The 40,000 figure, which was announced along with the group's fiscal 2011 management strategy, includes about 20,000 jobs sliced from the group's payroll through the sale of its Sanyo Electric Co. subsidiary's semiconductor business, which was announced in summer 2010.

Panasonic acquired a majority stake in Sanyo in 2009, and, on April 1, Sanyo and Panasonic Electric Works Co. became wholly owned subsidiaries of the group.

The group also announced plans to reorganize its corporate structure by whittling down its 16 business divisions to nine in January 2012.

Business divisions that the three group companies run separately--head office functions, white goods (e.g. washing machines) and overseas manufacturing--will be restructured and scaled back. The group will focus resources on TVs, white goods, and environment-related businesses.


Previous
Next
Intel Promises 50Gbps Succesor To Thunderbolt by 2015        All News        Samsung's Q1 Net Profit Down Due To Low LCD And Memory Profitability
Intel Promises 50Gbps Succesor To Thunderbolt by 2015     General Computing News      Samsung's Q1 Net Profit Down Due To Low LCD And Memory Profitability

Get RSS feed Easy Print E-Mail this Message

Related News
Panasonic Image Sensor Detects Objects 250 m Ahead at Night with Poor Visibility
Panasonic Develops 8K Global Shutter Technology Using Organic-Photoconductive-Film CMOS Image Sensor
Panasonic Toughbook CF-20 Gets Performance Boost
Panasonic Debuts HDR10+ OLED TVs, Ultra HD Blu-ray Players and New Technics Turntables at CES
Toyota and Panasonic to Start Study on Automotive Prismatic Battery Business
Panasonic Develops System to Protect Cyber Attacks in Connected Cars
Panasonic Develops a "Makeup Design Tool" That Lets You Use Create Digital Professional Makeup
Panasonic - Technics Audio and Video Products at IFA
Panasonic Technology Detects and Predicts a Driver's Level of Drowsiness
Panasonic Releases Tiny 512Gb SSD in Japan
Panasonic DMP-UB30 Ultra HD Blu-ray Player Debuts in Japan
Panasonic Announces the Toughbook 33 2-in-1 Detachable Laptop

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .