Pioneer Corporation dismiss 10 thousand people.

KommentariiOdnim mahom27.01.2009Za day worldwide company laid off 85 thousand people the Japanese company Pioneer announced a February 12 decision to dismiss 10 thousand employees, including those working under contract with a plan in this way to reduce costs. Reported AFP. From March to December last year, Pioneer has already cut 5900 jobs and 4000 temporary vacancies.
In addition to layoffs, Pioneer also intends to reduce the salaries of top managers in the 20-50 per cent, to close nine of the 30 industries worldwide. In addition, the Corporation has confirmed its intention to leave the television market. Unconfirmed information about the decision of a Pioneer in Japanese media on 9 February.
The decision of the corporation due to the influence of global economic crisis, adversely affect the company's financial performance. Thus, on the basis of 2008 fiscal year (ending in March 2009 on) Pioneer expects a record loss in the history of the company. According to preliminary data, they would be 130 billion yen (1.4 billion dollars).
During April-December 2008 net loss amounted to Pioneer 79.13 billion yen. For comparison, during the same period of 2007, the company managed to show a profit of 11.62 billion yen.
Pioneer is one of the largest manufacturers of plasma panels. However, in March 2008 she withdrew from the business, and was installed in its plasma panels televisions Panasonic.