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Panasonic to cut 15,000 jobs, forecast losses

China Daily | Updated: 2009-02-05 07:50

Panasonic to cut 15,000 jobs, forecast losses

A sales clerk walks past Panasonic TV sets displayed at an electronics store in Tokyo, Japan. Bloomberg News

Panasonic Corp, the world's largest consumer-electronics maker, will cut about 15,000 jobs and predicted its first loss in six years as the deepening recession hurt demand for television sets and cameras.

Panasonic to cut 15,000 jobs, forecast losses

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