Pioneer Electronics have now joined the group of companies to leave people unemployed. 10,000 people will be layed off. The reason for all of this is because of the current drop in their sales. They are estimated to loose about 1.5 million dollars in 2009. This is causing them to abolish their TV department. So Pioneer TVs will no longer be sold. With their TV department gone, this will force them to lay off another 16% percent of employees. What will happen next?
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