Japan's Panasonic targets 10,000 job cuts worldwide

Around four percent of all employees are to leave the electronics group Panasonic. The company, which also supplies batteries to the automotive group Tesla, wants to focus more on its service business.

Panasonic to lay off 10,000 employees globally amid restructuring

Panasonic Holdings Corp. says it will lay off 10,000 domestic and overseas employees, or just under 5 percent of its total workforce, as part of restructuring its business.

Japanese tech company Panasonic slashes 10,000 people as profits falter

The job cuts, amounting to about 4% of its 230,000 workers, will include early retirement offers in Japan

Japan's electronics giant Panasonic announced on Friday that it is undertaking restructurings leading to business liquidations and targeting 10,000 job losses worldwide, representing 4% of its total workforce, in order to "strengthen its productivity" in the face of the darkening economic situation.

Japanese tech company Panasonic cuts 4% of its global workforce as profits falter

Panasonic says it will slash its global workforce by 10,000 people, half in Japan and half overseas, to become a more efficient, “lean” company," The Japanese manufacturer said Friday that the job cuts, amounting to about 4% of Panasonic's workers, will include early retirement offers in Japan and c

Panasonic is cutting 10,000 jobs in a bid to boost efficiency

Panasonic is reducing its workforce by 10,000.Tomohiro Ohsumi/Getty ImagesPanasonic said on Friday it planned to cut 10,000 jobs this financial year.The Japanese company said in a statement that the measures were aimed at boosting its efficiency.The reductions will amount to about 4% of Panasonic's global workforce.Panasonic will slash its workforce by 10,000 roles in an effort to boost efficiency.The Japanese electronics manufacturer, which sup…