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PANASONIC JOB CUTS
'Reskilling won't help': 2,00,000 tech jobs gone, 30,000 more lay offs likley in next two months, says reportThe global tech sector is experiencing unprecedented job cuts in 2025, with over 202,000 employees laid off, primarily by US firms. Driven ...
Japanese tech company Panasonic cuts 4% of its global workforce as profits falterhe company said the slowing global economy and weaker demand for electric vehicles were a factor behind its weak results. But sales of air-...
Japan's Panasonic targets 10,000 job cuts worldwidePanasonic, the Japanese electronics conglomerate, has announced plans to reduce its global workforce by 10,000 positions. This decision is ...
Japan's Panasonic to cut 800 jobs in Thailand, move some production to Vietnam next year"Panasonic will reorganize its white goods production sites in Southeast Asia, and transfer the production of washing machines and refriger...
Covid-19: Cos try to save jobs while struggling to meet payroll commitmentsBuffeted by the turmoil unleashed by the Covid-19 pandemic, a bunch of companies are trying to save jobs even while India Inc struggles to ...
Mobile phone makers plan to cut production; considers laying off factory workers post demonetisationIndustry insiders said they expect 2-3 months impact on current manufacturing activities. Analysts expect demand to normalise by mid-Februa...
Japanese companies like Sony, Panasonic to ramp up India presence to end Samsung ‘rule’"So much dominance of just one company, Samsung, is not good. We would give them a healthy competition by venturing into several new catego...
Sony, Panasonic, Sharp among worst-performing firms in 2012Once symbols of Japan's global dominance in consumer electronics, Sony, Panasonic and Sharp were among the worst-performing firms in 2012.
- Panasonic launches Jhajjar factory
onsumer electronics goods major Panasonic today launched its first major manufacturing facility in India at Jhajjar in Haryana with capacit...
- Panasonic gears up it's India growth strategy
Japan's largest consumer electronics maker increases marketing spend, projects itself as young brand, launches innovative products and puts...
- Panasonic to hire 6,000 in India by next year
The company said it will hire 2,150 people this year and top it up with another 3,850 in 2012, in contrast to Panasonic's massive job cuts ...
- Panasonic announces Q1 net loss of $560 mn
Japan's Panasonic Corp. announced a net loss of 52.98 billion yen (560 million dollars) for the April-June quarter, blaming weak sales of e...
- 20 leading manufacturers cut 87,000 jobs in 6 months
20 leading Japanese manufacturers including Panasonic Corp and Sony Corp slashed a total of around 87,000 jobs at home and abroad in six mo...
- Panasonic to cut top executives' pay by 30%
Japan's Panasonic Corp plans to cut the annual pay of its president and chairman in the current business year by 30 per cent to take respon...
- Panasonic announces 3.95 bn dollar annual loss
Panasonic Corp announced on Friday an annual net loss of 378.96 billion yen (3.95 billion dollars) due to the economic downturn and warned ...
Five going jobless every passing minute this yearHowever, as a saving grace for employees, most of the layoffs of '09 so far happened in Jan.
- Panasonic says Sanyo takeover delayed
Japanese electronics giant Panasonic Corp said that its takeover of smaller rival Sanyo Electric Co had been delayed due to regulatory issu...
- Panasonic cutting 15,000 jobs, closing 27 plants
Japan's Panasonic Corp. said Wednesday it was cutting 15,000 jobs.
- Japan's Sanyo says to cut 1,200 jobs
Sanyo Electric Co. said on Thursday it would cut 1,200 jobs in Japan and overseas as part of efforts to turn around its struggling semicond...
- Sharp cuts 380 Japan jobs on global slump
Sharp Corp is cutting 380 jobs - all temporary workers - at its Japanese plants and shuttering some assembly lines making flat panels to co...