"There is so much left for us to tackle," he said from Osaka headquarters via a satellite feed in Tokyo. "We hope to revive our TV business."
Japan's Panasonic to cut about 17,000 jobs →
President Fumio Ohtsubo said the company will streamline operations to boost profitability, including selling some of its businesses, and reduce its 385,000 workers by about 9 percent to 350,000.
Panasonic reports loss, plans to cut 35,000 jobs →