Panasonic: 15,000 jobs to be eliminated

Matt Burns

Matt is a Senior Editor at TechCrunch. Matt Burns is a family man first and attempts to be a writer second. Born and raised in the heart of the automotive world, only cars eclipse his love of gadgets. He previously wrote for Engadget and EngadgetHD before moving into the party house that is TechCrunch. He learned the retail side of... → Learn More

Wednesday, February 4th, 2009

panasonic_logoYup, no one can escape the big, bad worldwide recession monster. Panasonic is the latest to join the gloomy ranks of Sony, IBM, and Microsoft with 15,000 layoffs expected. It has something to do with the net loss of $4.3 billion forecasted. Kind of hard to pay folks when there isn’t cash coming in, eh?

blog comments powered by Disqus