Japanese electronics maker Sanyo said it would change gears to complete two-thirds of its job cuts by January 2006. Boston.com
reports that while speeding up job cuts, it would also exit its DVD
player, DVD recorder and VCR business. Sanyo’s original plan proposed
cutting 14,000 jobs, about 15 percent of its global work force, as part
of a restructuring move by March 2008. Read more.
By Paul L. Kerstein