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April 28, 2011 07:36 am EDT
No matter how you slice it, 40,000 is a big number, especially when its forty-thousand humans looking for jobs. The layoffs represent a 10 percent reduction of Panasonic's 380,000 global workforce due to restructuring efforts, according to Nikkei. They are expected to begin this year and will mainly impact employees outside of Japan.
Nikkei [Japanese] ||Comments
Original Link: http://www.engadget.com/2011/04/28/panasonic-to-layoff-40-000-workers/
Panasonic will layoff 40,000 workers globally
No matter how you slice it, 40,000 is a big number, especially when its forty-thousand humans looking for jobs. The layoffs represent a 10 percent reduction of Panasonic's 380,000 global workforce due to restructuring efforts, according to Nikkei. They are expected to begin this year and will mainly impact employees outside of Japan.Panasonic will layoff 40,000 workers globally originally appeared on Engadget on Thu, 28 Apr 2011 03:36:00 EDT. Please see our terms for use of feeds.
Permalink |Nikkei [Japanese] ||CommentsOriginal Link: http://www.engadget.com/2011/04/28/panasonic-to-layoff-40-000-workers/
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Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WIMore About this Source Visit Engadget