Sharp Exits Consumer TV Market in Americas — Sort of (Updated)
July 31, 2015
Reuters reported this morning that Sharp Corporation has decided to exit the TV market in North and South America. They’ve not been profitable in the TV market in years and after a $2 Billion refinance, they promised to eliminate 5,000 jobs — this was the best and easiest way to do that. Cut the department […]
Panasonic to Eliminate 10K More Jobs
November 14, 2012
Reuters is reporting that Panasonic is going to eliminate another 10,000 jobs by the end of Q1 2013. According to the Reuters story posted today, Panasonic’s Chief Finance Officer Hideaki Kawai said that the 36,000 jobs they’ve eliminated so far just weren’t enough. He told Reuters, “Our new boss has said businesses must achieve at […]
