Panasonic has withdrawn from India's refrigerator and washing machine sectors due to global restructuring and sustained losses, despite achieving...
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Panasonic Holdings is exiting India's refrigerator and washing machine sectors due to intense competition and low market share, impacting its consumer electronics business. The company will shut down production at its Jhajjar factory, resulting in potential layoffs. Panasonic will now concentrate on core areas like televisions, air conditioners, and B2B solutions, aligning with a global restructuring strategy.
Panasonic has withdrawn from India's refrigerator and washing machine sectors due to global restructuring and sustained losses, despite achieving...
Panasonic has withdrawn from India's refrigerator and washing machine sectors due to global restructuring and sustained losses, despite achieving...
The tech industry faces continued workforce reductions in 2025, with over 62,000 jobs lost in the first half of the year. Giants like Intel,...
The tech industry faces continued workforce reductions in 2025, with over 62,000 jobs lost in the first half of the year. Giants like Intel,...
Panasonic struggled to gain a strong foothold in India’s refrigerator and washing machine market, as per a report by The Economic Times.
Panasonic struggled to gain a strong foothold in India’s refrigerator and washing machine market, as per a report by The Economic Times.
INTC slashes up to 20% of its workforce, exiting auto chips to cut costs and refocus on core PC and data center segments.
INTC slashes up to 20% of its workforce, exiting auto chips to cut costs and refocus on core PC and data center segments.
By Debajyoti Chakravarty The global job market has seen a significant upheaval in recent months, with major tech giants executing sweeping...
By Debajyoti Chakravarty The global job market has seen a significant upheaval in recent months, with major tech giants executing sweeping...