Panasonic orders employees to buy company-made products
PC | Quote | Chart | News | PowerRating -- Panasonic Corp. has ordered middle-
ranking employees to buy its audio and video products, in a latest
move to weather the global economic downturn, local media reported
on Friday.
The employees ranking in the middle of the company hierachy are
asked to buy products worth at 100,000 yen (1,100 U.S. dollars) or
more, while the senior managerial employees are told to buy
products worth more 200,000 yen (2,200 U.S. dollars), according to
Nikkei's news report. A total of 10,000 employees received such
written notices.
It is the first time that Panasonic has ordered employees to
buy its own products since 2002, when the bubble economy dragged
down Japanese companies' profits.
For full details on Panasonic Corporation (PC) PC. Panasonic Corporation (PC) has Short Term PowerRatings at TradingMarkets. Details on Panasonic Corporation (PC) Short Term PowerRatings is available at This Link.
- PANASONIC LED WORLD IN INT'L PATENT APPLICATIONS IN '09: WIPO - 02/09/10
- PANASONIC ZEROES IN ON OPERATIONAL OVERLAP WITH SANYO - 02/08/10
- Panasonic Corp. (PC) Corporate Event Announcement Notice - 02/06/10
- Panasonic Corp. (PC) Corporate Event Announcement Notice - 02/05/10
- Panasonic Avionics Corporation to Equip Turkish Airlines With In-Flight Entertainment and In-Flight Connectivity System - 02/05/10
- More News >>


