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PANASONIC RESTRUCTURING
'Reskilling won't help': 2,00,000 tech jobs gone, 30,000 more lay offs likley in next two months, says reportThe global tech sector is experiencing unprecedented job cuts in 2025, with over 202,000 employees laid off, primarily by US firms. Driven ...- Panasonic's battery unit profit grows 47% y/y in Q1 on AI boomPanasonic's energy unit experienced a significant profit surge in Q1, driven by booming demand for data centre energy storage systems fuele...
- Voltas, Whirlpool shares surge up to 5% as Panasonic exits washing machine, refrigerator segments in IndiaVoltas and Whirlpool shares climbed up to 5% after Panasonic said it would exit the Indian washing machine and refrigerator segments, citin...
- Panasonic pulls plug on washing machines, refrigerators in IndiaPanasonic Holdings is reducing its consumer electronics operations in India. The company is discontinuing refrigerators and washing machine...
- Panasonic shares surge as stake sale plan sparks restructuring hopesThe shares surged for a second session on Monday after posting their biggest one-day jump in half a year on the final day of last week on n...
- Panasonic India reduces loss to Rs 53 crore in FY23Panasonic’s restructuring of the Indian business which includes merger of the Panasonic India-run consumer electronics business with the ex...
- Sony, Panasonic improve India business profitability during Covid-19 pandemicAs per their latest regulatory filings to the Registrar of Companies (RoC), Sony India's net profit improved by 2% at Rs 76 crore in 2020-2...
- Panasonic India reduces loss in pandemic year; expects to grow revenue this fiscalPanasonic Group in India had clocked Rs 8700 crore sales in FY21 as compared to Rs 9300 crore in FY20, while consolidated profit improved b...
- Japanese electronics companies continue to lose ground in India to South Korean & Chinese rivalsSony India’s sales dropped for the fifth year in a row in FY20, while that of Panasonic fell for the third straight year, as per regulatory...
- Panasonic sales in FY20 fall in India for third year in a rowPanasonic India’s revenue fell 9% to Rs 4,338 crore in FY20 from a year earlier, while net loss widened to Rs 490 crore, according to the l...
- Panasonic India FY19 revenue up a tadThe consumer electronics business, Panasonic's largest in India, grew 2% to Rs 4,000 crore last fiscal year.
- Sony to stay in red after posting $1.26 billion lossThe cost of the PS4 launch put its games division into an operating loss, Sony said, and the movie business has also seen sales drop over t...
- Digital projector sales up 30 per centShipments of digital projectors in the country grew 30 per cent to nearly 2.54 lakh units in 2012 over the previous year, a report by Cyber...
- Sony front-runner for buying stake in Olympus: ReportOther companies in the race for Olympus are Japanese camera maker Fujifilm Holdings Corp, medical equipment maker Terumo Corp, the report s...
- Panasonic to hire 6,000 in India by next yearThe company said it will hire 2,150 people this year and top it up with another 3,850 in 2012, in contrast to Panasonic's massive job cuts ...
- Panasonic to cut top executives' pay by 30%Japan's Panasonic Corp plans to cut the annual pay of its president and chairman in the current business year by 30 per cent to take respon...
- Panasonic announces 3.95 bn dollar annual lossPanasonic Corp announced on Friday an annual net loss of 378.96 billion yen (3.95 billion dollars) due to the economic downturn and warned ...
- Japan's Pioneer to quit flat-panel TV business: ReportJapan's Pioneer Corp is to quit its loss-making flat-screen television business in a sweeping overhaul of its operations, the Nikkei busine...
- Panasonic to slip into red, close three plants: ReportJapan's Panasonic Corp plans to close three plants in Asia and axe hundreds of jobs as it braces for a slip into the red for the first time...
- Volkswagen, Sanyo to develop lithium-ion batteryVolkswagen AG will join forces with Japan's Sanyo Electric to develop a lithium-ion battery, a key component of hybrid and electric cars.
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