The strong yen and competition from Korea make Panasonic to create. Now, the Japanese electronics Karen Millen Dresses
giant plans to a newspaper report that radical reductions in personnel. In the center could disappear at any second job.
Tokyo - Sony is under high pressure:Karen Millen The Japanese electronics giant suffers from competition from South Korea last year and has been run a billion-dollar loss. Now is apparently as part of the austerity program eliminated half the positions in the corporate headquarters.
As the Japanese business newspaper "Nikkei" and the news agency Jiji Press reported,Karen Millen Dress to the 7000 jobs through early retirement and relocation to other places around 3000-4000 will be reduced. The aim of the job cuts would be to accelerate the decision-making within the group.
A Sony spokeswoman confirmed that the group "reforms in the center" was considering the decision had been made as yet. In the past fiscal year Sony had already removed 36,000 jobs and shut down factories,Karen Millen Dresses including on-screen.
Panasonic's shares on the rise
Investors reacted positively to the strike plans: At the Tokyo Stock Exchange, the company's shares rose by up to three percent in a negative environment. The next chief Kazuhiro Tsuga Panasonic is taking office in June with the difficult task of making the company profitable again. He is currently trying to get the TV division back on track, suffering greatly from the aggressive rivals Samsung and LG in South Korea. Panasonic employs 350,000 workers, three times as many employees as Samsung.
Panasonic has done in the past fiscal year, a loss of 772.2 billion yen (7.7 billion euros). Like many Japanese electronics company Panasonic has been suffering for years under the strong yen and fierce competition, especially from other Far Eastern countries.
In Europe, Panasonic high hopes for its new Android smartphone Eluga. The Group had just smartphones sold in the Asian domestic market, specializing in Europe on consumer electronics, office equipment and household appliances.