Yesterday the Japanese electronics producer Panasonic for the first time reported about the assumed yearly losses . As always, the company losses are connected with the global financial crisis.
According to the company representatives , in connection with significant drop in the sales level , Panasonic plans to the end of March 2010 to reduce 15000 workplace . The company also predicts, that in the course of next six years its yearly clean loss will compose 4.3 billion dollars.
Company sales sharply fell in the fourth quarter last year. Sales level within this period was reduced by 20% in comparison with the fourth quarter last year , which brought a clean loss of 63.1 billion Yan.
The reasons for similar situation, in the opinion of Panasonic company representatives , are the sharp decrease of consumer demand, the increased price competition between companies...
Panasonic Company will shut down 27 factories throughout the world, from which 13 are located in Japan.
Let us recall that, in connection with the world financial crisis, many companies attempt to save their budgets, dismissing colleagues.