Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Pioneer to Restructure, Cut 600 Jobs
Dec 2, 2005
 Printable format
 Email this Article
 Search

Japanese electronics maker Pioneer Corp. will reportedly cut 600 jobs in Japan as part of a revival plan that is said to help better integrate the company's TV and audio equipment units.

The job cuts will come through early retirements and are in addition to the 2,000 worldwide job cuts Pioneer announced in March, the Nihon Keizai newspaper said.

Pioneer spokesman Kesanobu Yamagishi would not comment on the report but confirmed that the company is drafting a comeback plan. He could not say whether additional job cuts are being considered.

Tokyo-based Pioneer has been cutting jobs, trimming its product lineup and introducing a new inventory system to cut annual costs by 30 billion yen (approx. U.S. $252 million). The company has been hammered by tumbling prices for plasma display TVs and DVD recorders, its core products. (AP)

Back to Daily News

 

Daily News

...........................................................

Jul 24, 2014: Remodeling Spending to Be Slower, But Still Strong, in Early 2015

Jul 23, 2014: Whirlpool North America Reports Record Operating Profits

Jul 23, 2014: Japan Destroyed 3.6 Million KG Fluorocarbons from Commercial Refrigerators and AC

Jul 22, 2014: Lennox International Reports Record Profit in Second Quarter

Jul 22, 2014: Whirlpool Launches Hybrid Heat Pump Dryer

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows