Panasonic to exit washing machines, fridge markets; layoffs...

Dununu.com Dununu

Gesponsert

Panasonic to exit washing machines, fridge markets; layoffs expected

RSS Feed Business

Posted

72

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.

Read Full Article

Please log in to like, share and comment!

Anuradha Paudwal calls AR Rahman 'ek chotta school ka bachcha'

Anuradha Paudwal fondly remembers her collaborations with AR Rahman, highlighting his unique...

Von 0 1

Kareena says Taimur and Jeh are constantly irritated

Kareena Kapoor Khan shared how her sons, Taimur and Jeh, miss her during shoots, while their...

Von 0 1

IND vs ENG: Ex-India bowler slams Jadeja - 'He bowled either too short or ...'

Varun Aaron has criticized Ravindra Jadeja's performance in the first Test against England,...

Von 0 4

'Won trust with marriage promise': Australian PIO held for duping Pune woman of Rs 3.6cr; may have conned many

Von 0 5

'American citizen only for 7 years': Republican Club calls for Zohran Mamdani's deportation, 'He isn't the mayor yet'

Von 0 17