Panasonic Layoffs 10000 Jobs Globally in Major Restructuring Plan to Boost Profit by 2.1 Billion UsD
Japan’s electronics giants Panasonic Holdings have decided to cut 10,000 people in their global workforce, with 5,000 jobs to finish Japan and 5,000 overseas. The company says this trimming will affect around 4% global workforce. This decision has been taken with the aim of reducing costs, increasing operational efficiency and improving profit margin. Panasonic believes…