Summary
PANASONIC has become the latest global electronics brand to tumble into the red as the demand for high-ticket consumer goods loses its spark.
The Japanese firm yesterday reported losses of about GBP 2.6 billion for the 12 months to the end of March, and warned of continuing difficulties in the current financial year.See the full content of this document
Extract
Reversal of Fortune at Panasonic Threatens 15,000 Jobs Globally
It is a major reversal of fortune for Panasonic, which last year posted a record net ...
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