Feeds

Buy our products, Sanyo tells employees

Execs expected to cough up $20,000 each

  • alert
  • submit to reddit

Remote control for virtualized desktops

Troubled Japanese conglomerate Sanyo has asked its own employees to open their wallets and buy the company's products, CNET reports. Sanyo this week reported a $170m loss for Q4 2004 and is still smarting from an October earthquake which forced closure of its chip facilities.

Accordingly, it wants execs to shell out a cool $20,000 each, while front-line troops are expected to contribute a modest $2,000 to the fighting fund. While this will doubtless shock employees worldwide who expected the flow of funds to be in the other direction, we at El Reg are well accustomed to the traditional Vulture Central "Xmas Box" scheme in which grateful hacks contribute hard-earned wonga to a hearty lunch for our tireless Strategy Boutique. ®

Related stories

Three-quarters of Brit workers drunk after lunch
UK workers warm to the skive
Work induces catatonia: official

Security for virtualized datacentres

More from The Register

next story
MEN: For pity's sake SLEEP with LOTS of WOMEN - and avoid Prostate Cancer
And, um, don't sleep with other men. If that's what worries you
Jim Beam me up, Scotty! WHISKY from SPAAACE returns to Earth
They're insured for $1m, before you thirsty folks make plans
Now: The REAL APPLE NEWS you need to know
OMG! Gravity's totes amazeballs. Calm down, George Clooney, not your film
Boffins who stare at goats: I do believe they’re SHRINKING
Alpine chamois being squashed by global warming
Let's make an app that POSTS your POO to APPLE HQ
Plus: It's OPEN WARFARE in the Linux greybeard world
FedEx helps deliver THOUSANDS of spam messages DIRECT to its Blighty customers
Don't worry Wilson, I'll do all the paddling. You just hang on
Adorkable overshare of words like photobomb in this year's dictionaries
And hipsters are finally defined as self-loathing. Sort of
Not a loyal follower of @BritishMonarchy? You missed The QUEEN*'s first Tweet
Her Maj opens 'Information Age' at the Science Museum
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
New hybrid storage solutions
Tackling data challenges through emerging hybrid storage solutions that enable optimum database performance whilst managing costs and increasingly large data stores.
Getting ahead of the compliance curve
Learn about new services that make it easy to discover and manage certificates across the enterprise and how to get ahead of the compliance curve.