Japan's Panasonic says it will cut 10,000 jobs, including 5,000 roles overseas, and book ~$895M in restructuring charges in the current fiscal year (Mayumi Negishi/Bloomberg)

Mayumi Negishi / Bloomberg: Japan's Panasonic says it will cut 10,000 jobs, including 5,000 roles overseas, and book ~$895M in restructuring charges in the current fiscal year  —  The Osaka-based company said on Friday the job cuts target 5,000 employees in Japan and 5,000 overseas at consolidated companies, and would take place mostly in the current fiscal year.

May 9, 2025 - 10:08
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Japan's Panasonic says it will cut 10,000 jobs, including 5,000 roles overseas, and book ~$895M in restructuring charges in the current fiscal year (Mayumi Negishi/Bloomberg)

Mayumi Negishi / Bloomberg:
Japan's Panasonic says it will cut 10,000 jobs, including 5,000 roles overseas, and book ~$895M in restructuring charges in the current fiscal year  —  The Osaka-based company said on Friday the job cuts target 5,000 employees in Japan and 5,000 overseas at consolidated companies, and would take place mostly in the current fiscal year.