Japan's Pioneer cutting 10,000 jobs
13-02-2009
The Japanese electronics firm Pioneer has announced that it's cutting 10,000 jobs, 6,000 of them full-time, from its global workforce. It's ending production of its flat-screen televisions and closing plants in the United States and Britain. Analysts say the company is bracing itself for a big financial loss. Pioneer is the latest Japanese electronics firm to announce large job cuts.
