[Reuters] At Panasonic, blunt chief looks to force turnaround

Posted by: UGN Security

[Reuters] At Panasonic, blunt chief looks to force turnaround - 11/07/12 04:24 PM

TOKYO (Reuters) - In a presentation beamed to Panasonic Corp offices around the world last week, company president Kazuhiro Tsuga stunned middle managers with the blunt message that their bonuses would be cut by more than a third.