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(Update) Panasonic Holdings to Cut 10,000 Jobs Globally

(Update) Panasonic Holdings to Cut 10,000 Jobs Globally

Yuki Kusumi, new president of Panasonic Holdings, speaks in an online press conference.
Yuki Kusumi, new president of Panasonic Holdings, speaks in an online press conference.

   Tokyo, May 9 (Jiji Press)--Panasonic Holdings Corp. said Friday that it will cut 10,000 jobs globally to streamline unprofitable operations.
   The Japanese electronics group plans to cut 5,000 jobs in Japan and 5,000 jobs overseas from fiscal 2025 to fiscal 2026, including by offering early retirement packages.

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AFP-JIJI PRESS NEWS JOURNAL


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