"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