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

Dununu.com Dununu

Commandité

Panasonic to exit washing machines, fridge markets; layoffs expected

RSS Feed Business

Posté

94

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

Connectez-vous pour aimer, partager et commenter!

Economic Digest: Nepal’s Business News in a Snap

KATHMANDU: Economic Digest offers a concise yet comprehensive overview of significant business...

Par 0 14

India to host Singapore ministers for key talks ahead of PM Wong’s visit

Par 0 16

Aneet-Abhay’s old ad goes VIRAL; fans demand a romcom

Rising stars Aneet Padda and Abhay Verma are generating buzz after a rediscovered old...

Par 0 20

Jennifer: Was mourning Matthew long before his death

In a heartfelt interview, Jennifer Aniston discusses her long-standing grief for Matthew Perry,...

Par 0 20

Top stocks to buy or sell today: Stock market recommendations for August 12, 2025 - check list

Stock market recommendations: Mirae Asset Sharekhan suggests selling Hindustan Zinc, citing a...

Par 0 22