TOKYO (Reuters) - Panasonic Corp said it will cut around 5,000 workers from its automotive and industrial division in a bid to bolster its operating profit margin over the next three years to a 5 percent minimum set by the company's president, Kazuhiko Tsuga.Full story
(Reuters) - Sanyo Electric Co may cease to exist under a reorganization by Panasonic Corp that includes global jobs cuts, Nikkei reported on Friday. Full story
VIENNA (Reuters) - Panasonic's consumer electronics sales did not fall in Europe in the fiscal year just ended despite the fact that the business is struggling globally, the company's Europe head said. Full story
Panasonic's logo on a lamp is seen at an electronic shop in Tokyo February 1, 2013. REUTERS/Yuya Shino
Signs hang above the Panasonic booth on the second day of the Consumer Electronics Show in Las Vegas January 9, 2013. REUTERS/Rick Wilking
Batteries from Panasonic and Fujitsu are seen at an electronic shop in Tokyo February 1, 2013. Shares of Panasonic Corp jumped 8.8 percent to 644 yen in early trade on February 4, 2013, hitting a 7-month high after the consumer electronics maker rebounded to a quarterly profit and stuck with its ful
A man walks past an advertisement board of Panasonic at an electronic shop in Tokyo February 1, 2013. Panasonic Corp rebounded to a quarterly profit and stuck with its full-year earnings forecast, as it moves its business away from loss-making TVs in favor of household appliances, batteries and othe
Actor/director Danny DeVito speaks at the Panasonic booth at CES on Jan. 9.
