Friday, May 9, 2025

Japanese tech company Panasonic cuts 4% of its global workforce as profits falter


Panasonic says it will slash its global workforce by 10,000 people, half in Japan and half overseas, to become a more efficient, “lean” company," The Japanese manufacturer said Friday that the job cuts, amounting to about 4% of Panasonic's workers, will include early retirement offers in Japan and closures and consolidation of various operations.

source https://www.seattletimes.com/business/japanese-tech-company-panasonic-cuts-4-of-its-global-workforce-as-profits-falter/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

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