Workflow
Panasonic cutting 10K jobs from its workforce
PCRFYPanasonic(PCRFY) Fox Business·2025-05-10 01:02

Electronics maker Panasonic Holdings is cutting 10,000 jobs from its workforce. The Japan-based company announced the job cuts on Friday as part of a broader effort to increase its profitability moving forward.Of the 10,000 employees slated to lose their jobs, half will be workers in Japan, according to Panasonic. The other 5,000 will be in other countries.  "In terms of management reform, toward transformation into an organization where individual employees create higher productivity, the Company will thor ...