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Sanyo to Cut Up to 1,000 Jobs Before Panasonic Takeover

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Old Jan 6, 2009, 05:01 PM   #1
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Sanyo to Cut Up to 1,000 Jobs Before Panasonic Takeover
Sanyo Electric Co. plans to cut up to 1,000 jobs in the lead up to its purchase by Panasonic. Panasonic stated last month it would acquire Sanyo Electric for up to $9 billion.
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