Panasonic is cutting 10,000 jobs globally in an attempt to increase performance. Referring to slow behavior As the two challenges faced by the EV growth and defective profits in the air conditioning sector, the Japanese company will cut staff this fiscal year, which will end in March 2026.
A Description It was released today, it has been revealed that structural reforms will target 5,000 employees and 5,000 employees abroad in the home country of Panasonic. The company says it is expected to cost 130 billion yen (about $ 900 million). Panasonic said it “mainly in sales and indirect departments, will fully evaluate operational performance in each group company, and re -evaluate the number of organizations and personnel.”
As a result of shrinking its manpower and improving its consumer electronics business, Panasonic aims to get at least 600 billion yen (Billion 4 billion) adjusting operating profits in the financial year ending March 31, 2027, but it does not make any possible impact on Trump’s tariff.
Panasonic creates a variety of products, from EV batteries to Tesla, from its customer -based cameras and TVs. Panasonic TV returned to the United States last year after a 10 -year absence, but the company has Reportyly indicated If he continues to perform less, he will be willing to leave the sector completely.