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  #1  
Old 02-13-2009, 05:15 AM
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Default Pioneer making global job cuts

Quote:
TOKYO — Japanese electronics company Pioneer Corp. will cut 10,000 jobs globally to cope with sinking sales of car audio equipment and flat-screen TVs. It will also withdraw from its money-losing plasma display business.
The Tokyo-based company said it will slash 6,000 full-time salaried workers at home and abroad, accounting for 16 percent of the company’s global work force. It did not give a regional breakdown.
-

Copyright 2009 Houston Chronicle News Services

Feb. 12, 2009, 10:29PM
Just thought I would share some CEA news....
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Old 02-13-2009, 05:20 AM
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eeeekk... no surprise but still sad....



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Old 02-13-2009, 05:21 AM
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Does this mean their H/U's will be cheaper now?



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Old 02-13-2009, 05:25 AM
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dude... their headunits have been pretty damn cheap for the last several months.



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Old 02-13-2009, 05:26 AM
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Alpine has already started...


Quote:
ALPINE ELECTRONICS TO SHED 1,000 CONTRACT JOBS WORLDWIDE

With the outlook for an automobile industry recovery uncertain, the maker of car audio equipment has decided to reassess its production system.
Alpine will refrain from renewing contracts for non-full-time staffers to reduce its group payroll by around 300 jobs in Japan and some 700 jobs abroad. The company will not sell any of its five factories, but will maintain the roughly 30 per cent output cut now in place.

Alpine has also slashed its earnings forecasts for the year through March 31, announcing Tuesday that it now expects to incur a net loss of 1.5 billion yen (US$16.78 million), its first-ever red ink on a net basis. The firm also sees a 9 billion yen operating loss instead of breaking even, and sales are expected to total 200 billion yen -- 35 billion yen below an earlier projection.
(Nikkei)

-Tue. February 03, 2009; Posted: 10:53 PM
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Old 02-13-2009, 05:32 AM
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Quote:
Originally Posted by upzaw2000 View Post
dude... their headunits have been pretty damn cheap for the last several months.
But I want cheaper



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Old 02-13-2009, 05:35 AM
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damn.. kenwood should be next



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Old 02-13-2009, 07:46 AM
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I heard about this a couple of days ago......unfortunately this is just the begining I believe. Not looking pretty.
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