(Update) Panasonic Holdings to Cut 10,000 Jobs Globally
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.
(2025/05/09-22:05)
To read a full story, please click here to find out how to subscribe.
BUSINESS
-
05/17 15:51 Dalton Slams Fuji Media for Opposing Board Nominees -
05/17 13:39 Nissan Considers Closing 2 Plants in Kanagawa - 05/16 23:29 Japan's Fuji Media Adds 4 Director Candidates
- 05/16 21:36 Japan's Fuji Media Posts Its 1st Net Loss in FY 2024
- 05/16 17:32 Japanese Regional Banks Log 28 Pct Net Profit Growth
- 05/16 11:09 Kioxia Posts Record Full-Year Profit
- 05/15 21:59 (Update) Struggling JDI to Cut 1,500 Jobs in Japan
- 05/15 21:36 (Update) S'tomo Mitsui, SoftBank to Form Payment Service Alliance
- 05/15 21:29 (Update) 3 Major Japan Banks' Net Profit Hits Record High for 2nd Yr
- 05/15 19:03 Sumitomo Mitsui, SoftBank to Collaborate on Digital Payment Services
- 05/15 18:53 3 Major Japan Banks Log Record Net Profits for 2nd Year
- 05/15 16:46 3 Major Japan Mobile Carriers Expect Sales Growth in FY 2025
- 05/15 11:26 Sumitomo Mitsui Financial's Net Profit Tops 1 T. Yen
- 05/15 10:46 JDI Eyeing Cutting Over 1,000 Jobs in Japan
- 05/15 10:10 Infroneer to Acquire Sumitomo Mitsui Construction
- 05/15 09:39 Uber to Launch Self-Driving Mobility Service in Japan
- 05/14 22:38 Trump Tariffs Deliver Blow to Japanese Automakers' Outlooks
- 05/14 21:13 Toyota to Market New EV in N. America in 2026
- 05/14 21:11 (Update 3) Sony Group Projects 12.9 Pct Drop in FY 2025 Net Profit
- 05/14 17:33 (Update 2) Sony Group Projects 12.9 Pct Drop in FY 2025 Net Profit
- 05/14 15:22 Trump Tariffs Overshadow Japanese Firms' Earnings Outlook
- 05/14 14:37 Sumitomo Mitsui, SoftBank to Tie Up on Digital Payment Services
- 05/14 14:28 Japan Beer, Quasi-Beer Sales Down 36 Pct in April
- 05/14 14:24 (Update) Sony Group Logs Record Net Profit for FY 2024
- 05/14 13:26 Mitsui Starts Mass Production of E-Methanol with Danish Firm
- 05/14 12:35 Sony Group Logs Record Net Profit for FY 2024
- 05/14 10:37 Suruga Bank Ordered to Report on Property Loans
- 05/13 21:45 (Update 2) Nissan to Shut 7 Plants, Shed 20,000 Jobs on Huge Loss
- 05/13 21:28 (Update 2) SoftBank Group Posts 1st Black Ink in 4 Years
- 05/13 21:17 Japanese Retailer Aeon to Sell Rice from California
- 05/13 19:49 (Update) Honda Projects 70 Pct Drop in FY 2025 Net Profit
- 05/13 19:25 (Update) Nissan to Shut 7 Plants, Shed 20,000 Jobs on Huge Loss
- 05/13 17:59 (Update) SoftBank Group Posts 1st Black Ink in 4 Years
- 05/13 17:36 Nissan Plunges into 670.8-B.-Yen Net Loss in FY 2024
- 05/13 16:38 Honda Projects 70 Pct Drop in FY 2025 Net Profit
- 05/13 16:31 Tokyo Metro to Promote Exec Kosaka to Pres. in June
- 05/13 16:29 SoftBank Group Posts 1st Black Ink in 4 Years
- 05/13 15:59 3 Major Japan Steelmakers Expect Profit Falls in FY 2025
- 05/12 23:39 Nissan to Cut 20,000 Jobs Globally
- 05/12 23:10 Japan's Sharp to Sell Kameyama LCD Plant to Hon Hai
- 05/11 15:20 INTERVIEW: Hokuhoku Financial to Focus Staff on Hokkaido
- 05/11 14:00 INTERVIEW: Idemitsu to Enhance All-Solid-State Battery Business
- 05/10 18:06 Lawson to Expand Frozen Onigiri Sales
