Wednesday, September 28, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
USB-IF Announces USB Audio Over USB Type-C Specifications
Roxio Creator NXT 5 Supports Disc Burning With Multi-Camera Video Editing
ARM Unveiled New On-chip Interconnect Technology
AMD Brings The Power Of Polaris To Embedded With New Radeon E9260 and E9550 GPUs
Toshiba Introduces the Value-oriented OCZ TL100 SATA SSD Series
Xiaomi Mi 5S Plus Guns for Apple
Samsung Says Global Replacement Program for Galaxy Note7 Has Made Progress
NXP Says New ARM Cortex-A7 Processor Is The Industry's Lowest Power
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 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 .