UPDATE 2-Panasonic falls short of announcing job cuts in business plan

Newswire

* Panasonic wants to expand automotive, housing business, cut back electronics * Sees net income 50 bln yen next year, 350 bln op profit by FY 2015 (Updates with comments from analyst, Tsuga's goals) TOKYO, March 28 (Reuters) - Japan's Panasonic Corp fell short of announcing any job cuts in its medium-term business blueprint, though it will spend 250 billion yen ($2.7 billion) over the next two years to revamp its TV, mobile phone and semiconductor units. ...

REGISTER NOW

To access this content simply register below now.
Registering is easy and allows you to:

  • Access all WardsAuto.com public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!
     

Already registered? here.
Insights

Feb 10, 2016
Video
WardsAuto

GM 3.6L V-6 -- 2016 Award Acceptance

General Motors accepts its award at the 2016 Wards 10 Best Engines ceremony, held Jan. 13 in Detroit....More

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×