Japan's Panasonic targets 10,000 job cuts worldwide

Alex Graur

TOKYO: Japanese electronics giant Panasonic, which supplies batteries to Tesla, said on Friday (May 9) it will target 10,000 job cuts worldwide as part of efforts to boost profitability. The cuts, which represent around 4 per cent of the group's workforce of nearly 230,000, will be implemented mainly in the current financial year to March, it said. Panasonic said it would "thoroughly review operational efficiency at each group company, mainly in sales and indirect departments". It will "

Japan's Panasonic targets 10,000 job cuts worldwide https://www.channelnewsasia.com/ - 15:23
Japan's Panasonic targets 10,000 job cuts worldwide https://www.channelnewsasia.com - 14:48

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Japan's Panasonic targets 10,000 job cuts worldwide https://www.channelnewsasia.com/ - 15:23
Japan's Panasonic targets 10,000 job cuts worldwide https://www.channelnewsasia.com - 14:48