Mirrorless Takes Another Hammering

Started May 17, 2013 | Discussions thread
justmeMN
Senior MemberPosts: 1,628
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Panasonic to eliminate divisions
In reply to cplunk, May 18, 2013

From Associated Press:

"Panasonic, which lost a record 772 billion yen the previous year — one of the biggest losses ever in Japan — acknowledged that its three-year business plan had fallen far short of the desired results. Under its next three-year management plan, it promised to immediately eliminate unprofitable businesses."

I don't know if Panasonic's digital camera business is or isn't profitable, but it's clear that big changes are coming to the company.

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