Panasonic restructures non profitable business

Started Mar 25, 2017 | Discussions thread
MOD Tom Caldwell Forum Pro • Posts: 35,428
Re: Panasonic restructures non profitable business

TN Args wrote:

Beru Roniki - AKA Grzzl wrote:

Sounds as not so good news

http://www.43rumors.com/

All it says is company makes massive loss and camera division is going to be one of the targets for change.

"Dismantled" is a terrible word, hinting at "the end" and not actually consistent with the subsequent words, "scaled back and placed under the umbrella of other operations, with headcount to be reduced".

Certainly agree it is not good news, but there is zero information here about what changes, and any guessing here will be baseless. Just have to wait.

Agreed.  Over-reaction is not called for.  Companies do this sort of thing all the time - what else do we expect?  That the issues are papered over and a smile painted on the covering whilst the corporation is allowed to sail on down the river of no changes necessary with flags flying and band playing?  Stiff upper lip old chap ....  Sorry, but we would rather sink than change course.

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Tom Caldwell

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