Panasonic Eyes Major Layoffs at Headquarters
Panasonic's troubles have been well-documented over the last several quarters, but now, the company could be planning to lay off employees at its headquarters in Osaka, Japan, according to a report.
Panasonic currently employs about 7,000 people at its headquarters, but if recent claims are true, that figure could soon drop to 3,500, according to the Wall Street Journal, citing sources. The Journal's sources say that the layoffs will include early retirement, and some employees might be moved to other divisions.
Last month, Panasonic outlined plans to reorganize its operation by cutting