28.01.2009 20:36 Uhr, Quelle: Engadget

Recession roundup: volume eleventeen zillion

We're getting rather tired of having to "roundup" the misery, loss of profits, and layoffs in this modern era of plenty and luxury, but there's seemingly no end in sight, so here we go. Texas Instruments announced plans to cut 12 percent of its workforce, apparently as a safety measure as its profits last quarter actually topped analysts' estimates. Meanwhile, Panasonic's announced some modest cuts of roughly 600 workers, in addition to closing some of its plants in Asia as it posted a net loss for the first time in six years. Moving on,

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