Panasonic, Job Cuts | featured news

Panasonic to cut 15,000 jobs, shut plants

Panasonic to cut 15,000 jobs, shut plants

Panasonic Corp. said Wednesday it will slash 15,000 jobs and shut down 27 plants worldwide, joining a slew of major Japanese companies announcing deep cuts as the global slowdown batters the world's second-largest economy.

 

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