[Tig] Moving on...
Tue Sep 24 18:46:34 BST 2002
To anyone who may have been trying to reach me lately, FYI:
Ralph Kalatucka is no longer a full-time employee with Panasonic DVD, and any e-mail sent to me in recent weeks has not been recieved. Please note the new e-address.
I have been "down-sized". Panasonic Disc Services sold the bulk of its replication contracts to Thomson-Technicolor, and most of the PDSC facilities world-wide were part of the deal. The Torrance DVD plant remains "Panasonic" but with the new name of Matsushita Disc Manufacturing Corporation. The Compression & Authoring division stays at MDMC, but is scaling back and re-configuring for a different business model. Several people were laid-off, and I was one of the "new" guys. Note that Panasonic was very gracious with their severence package.
I will be a contract employee for them, since they still have tech work that needs to be done.
From what I have been told, PDSC was still financially succesful, but other disc-pressing companies had a lot more replication lines running, so Panasonic's share of the market was dwindling. And the terms of the sale to Technicolor was a sound financial move for both companies.
Such is the way of big business.
in L. A.
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