Thursday, February 5, 2009

Filled Under:

Panasonic Cuts 15,000 Jobs; Global Layoffs

Panasonic Corp., the electronics giant known for flat-screen TVs as well as digital cameras, announced today that it would slash 15,000 jobs and close 27 plants worldwide. In December, rival consumer electronics maker Sony announced 16,000 job cuts.

Panasonic, which saw its third-quarter sales drop by 20 percent, announced its first annual loss in six years.

0 comments:

Post a Comment

Blog Archive