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VIEW EVENT INFORMATION: Panasonic |
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Japanese Hardware Layoffs Continue: Panasonic To Cut 10K More Workers In The Next 5 Months |
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About the organization Panasonic: Type: Business Sub-Types: Electronics, Electronics Hardware, Electronics Software |
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Notable Organizations: Panasonic, Techcrunch |
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The Japanese consumer electronics industry continues to feel the squeeze in the economy, with mass layoffs of workers representing one of the more painful effects. In the latest development, Panasonic Corp. says it will reduce its workforce by 10,000 employees by the end of this fiscal year, which completes in March 2013. The company had already warned that it will post losses of $10 billion… |
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