Panasonic announces 10,000 layoffs to boost profitability

Digitimes
By Jingyue HsiaoMay 12, 2025, 12:10 am382 pts
Panasonic Holdings has unveiled plans to lay off approximately 10,000 employees, split evenly between Japan and overseas, as part of structural reforms to improve profitability. The reductions, targeting departments such as home appliances, are scheduled for fiscal year 2025 (April 2025 to March 2026). The…

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