After merger: Job cuts at Panasonic

Already on 1 April 2011, integration was the "Panasonic Electric Works" and "Sanyo Electric, the parent company. The current workforce of 366 937 would reduce the company's management claims to now over the next two years by about 17,000 jobs. The actual number of those affected continues to fall well short of expectations: Preliminary said the Japanese business daily Nikkei in a report even saved 40,000 jobs.


The job cuts are planned, especially outside of Japan and will take place including through early retirement.

• Jobs Slashed For Panasonic's New Vision (28/04/2011)
• Changing The Channel: Panasonic's New Vision (28/04/2011)
• Panasonic to cut 40,000 workers (28/04/2011)
• Panasonic will layoff 35,000 workers globally (updated) (28/04/2011)
• Panasonic to cut 17,000 jobs worldwide (28/04/2011)

Panasonic (homepage)  NYSE: PC (googlefinance)  Panasonic (crunchbase)  Panasonic Corporation (wikipedia)