News Panasonic to cut 15,000 jobs

http://www.bit-tech.net/news/bits/2009/02/06/panasonic-to-cut-15000-jobs/1

Panasonic has announced massive losses this year which have forced the company to cut 15,000 jobs and close 27 manufacturing plants worldwide.

 

ouch. hope panasonic stays afloat - they've always been my brand of choice for electronic goods (tvs, dvd players, microwaves, etc). maybe this recession is as bad as people are saying. I'm trying to stay optimistic :S

 

it's better/worst in some areas


Where I live there are only a few lay-offs but other places (as few as 20 miles away) are having massive cuts

 

electronics industry is in free fall