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Panasonic to Cut 10,000 Employees, Expects to Book $900 Million Reform Costs

2017-02-02T120000Z_815895777_RC1769063F80_RTRMADP_3_PANASONIC-RESULTS

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Reuters

17:42 JST, May 9, 2025

TOKYO, May 9 (Reuters) – Japan’s Panasonic Holdings said on Friday it will cut 10,000 employees and expected to book structural reform costs of 130 billion yen ($896.06 million) this business year as part of a continuing management reform push of its group.

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