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Panasonic to axe 15,000 staff

04 February 2009 • 1 min read

Electronics titan to close plants and reduce headcount as it braces for first yearly net loss in six years

Panasonic has become the latest Japanese electronics giant to announce job cuts after revealing 15,000 staff and 27 plants are set to be axed to help reduce its cost base. The company claimed i...

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