Saturday, October 21, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
DVDFab Debuts 4K Ultra HD Copy Software
Razer Unveils New Broadcasting Camera and Microphone
Microsoft's Cortana Gets Into Smart Speakers Market With Harman Kardon Invoke
Samsung, LG Electronics are Lagging in Autonomous Car Race
TSMC Raises Forecasts for 2017 Due to 10nm Demand, Outlines 7 and 5nm Roadmap
Samsung Said to Have Placed Huge EUV Equipment Order From ASML
Samsung Launches the Ruggedized Galaxy Tab Active2 for Business
Intel Capital Announces $60 million of New Investments in Data-Focused Startups
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 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
Panasonic Releases the Toughbook CF-33 2-in-1
Panasonic Brings High Contrast Transparent Screen to Market
Panasonic Develops First Organic CMOS Image Sensor With Electrically Controllable Near-Infrared Light Sensitivity
Terahertz Wireless Allows Data Transfer 10 Times Faster Than 5G
U.S. Authorities Probe Panasonic's Avionics Business

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .