Saturday, September 6, 2025
  • Login
Forbes 40under40
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
Forbes 40under40
No Result
View All Result
Home Lifestyle

Japan’s Panasonic targets 10,000 job cuts worldwide

by Mark Darwin
in Lifestyle
Japan’s Panasonic targets 10,000 job cuts worldwide
Share on FacebookShare on Twitter


The figure represents around 4% of the firm’s total workforce of nearly 230,000

Published Fri, May 9, 2025 · 05:20 PM

[TOKYO] Japanese electronics giant Panasonic said Friday (May 9) it was targeting 10,000 job cuts worldwide as part of efforts to boost productivity among its workforce.

The group said it planned to “thoroughly review operational efficiency… mainly in sales and indirect departments, and reevaluate the numbers of organisations and personnel actually needed”.

“Through these measures, the company will optimise our personnel on a global scale,” it said in a statement.

“This measure targets 10,000 employees (5,000 in Japan and 5,000 overseas) at consolidated companies,” it said. The figure represents around four per cent of the firm’s total workforce of nearly 230,000.

The cuts will be implemented mainly in the financial year ending in March, “in accordance with the labour laws, rules, and regulations of each country and region”.

Pioneering electronic appliances from rice cookers to batteries to video recorders, the brand became a global household behemoth in the latter half of the 20th century. AFP

Share with us your feedback on BT’s products and services

Tags: CutsJapansJobPanasonicTargetsWorldwide
Mark Darwin

Mark Darwin

Next Post
Analysts raise price targets on DBS after Q1 earnings

Analysts raise price targets on DBS after Q1 earnings

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Forbes 40under40 stands as a distinguished platform revered for its commitment to honoring and applauding the remarkable achievements of exceptional individuals who have yet to reach the age of 40. This esteemed initiative serves as a beacon of inspiration, spotlighting trailblazers across various industries and domains, showcasing their innovation, leadership, and impact on a global scale.

 
 
 
 

NEWS

  • Forbes Magazine
  • Technology
  • Innovation
  • Money
  • Leadership
  • Real Estate
  • Lifestyle
Instagram Facebook Youtube

© 2025 Forbes 40under40. All Rights Reserved.

  • About Us
  • Advertise
  • Contact Us
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle

© 2024 Forbes 40under40. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In