Panasonic will cut its global worker with 10,000

Panasonic reduces 10,000 world -class jobs in an attempt to enhance efficiency. Quoted from slowing down In EV growth and the deterioration of profits in the air conditioning sector as challenges currently facing, the Japanese company will make employee discounts in the current fiscal year, which ends in March 2026.

in statement It was released today, it has been revealed that structural reform will target 5,000 employees in the country of Panasonic and 5,000 from abroad. The company says it expects to bear the costs of 130 billion yen (about 900 million dollars) as a result of discounts. Panasonic said it “will carefully review the operational efficiency in every group company, especially in sales and indirect sales, and re -evaluate the numbers of organizations and employees already needed.”

As a result of reducing its working power and renewing its consumer electronics business, Panasonic aims to achieve a modified operating profit of no less than 600 billion yen (4 billion dollars) in the fiscal year ending March 31, 2027, but this does not take into account any possible impact of Trump’s tariff.

Panasonic makes a variety of products, from the EV batteries that it provides to Tesla, to its consumer -focused cameras and TVs. Panasonic TVs have returned to United States last year After absence for 10 years, but the company has a pHe referred to Eport It will be ready to leave the sector completely if it continues to weak.