Panasonic Canada Inc
Location
ONTARIO
Founded
1967-02-28
Website
Risk Signals
20652 news mentions monitored
Industry Context
This company is tracked across risk categories, including those related to its sector (e.g., Office Equipment, Computers and Computer Peripheral Equipment and Software, Electrical Apparatus and Equipment Wiring Supplies, and Construction Materials, Electrical Appliances, Television and Radio Sets, Electronic Parts and Equipment, Not Elsewhere Classified), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.
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Recent Articles about Panasonic Canada Inc
Live alerts from global media, monitored by Business Radar
2025-05-13 (correiodeminas.com.br)
Mass Dissions: Panasonic Multinational confirms resignation of 10,000 employees as part of global restructuring amid the fall in demand -
Panasonic dismisses 10,000 employees until the end of the fiscal year. Understand what led the Japanese multinational to do mass layoffs in several
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2025-05-11 (techstory.in)
Panasonic Announces 10,000 Job Cuts Amid $900 Million Restructuring Drive –
As part of a massive reorganization plan, the Japanese electronics firm Panasonic Holdings plans to lay off 10,000 employees worldwide, or about 4% of its 230,000-person workforce. According to the company, the layoffs will be distributed equally, with 5,000 jobs being cut in Japan and an additional 5,000 in foreign businesses. The majority of this change is expected to take place during the current fiscal year, which ends in March 2026.
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2025-05-10 (realitatea.net)
The company announcing massive redundancies and costs of nearly $ 900 million for global restructuring. 10,000 employees run out of work
The Japanese giant Panasonic Holdings has launched a large internal reorganization plan, which involves the dismissal of 10,000 employees worldwide and assuming restructuring costs estimated at 130 billion yen (about 896 million dollars), according to an official statement made on Friday.
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2025-05-10 (autodaily.co.kr)
Japanese electronics. Panasonic, a rechargeable battery company, lay down 10,000 people around the world. Project restructuring <International <Article text-
Japan's electronics and secondary batteries, Panasonic, have announced plans to dismiss 10,000 employees worldwide.Panasonic announced that it aims to optimize the merger of the merged company by improving productivity and simplifying operation. The company plans to complete the layoffs by March 2029 through voluntary retirement, not forced dismissal, and Panasonic said that the goal of this measure is to reduce the number of employees of the merged company (5,000 in Japan, 5,000 overseas). This is equivalent to about 4%of 230,000 employees.
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2025-05-10 (themachinemaker.com)
Panasonic Life Solutions India Affirms Continued Commitment to Solar Energy Sector Amid Global Business Realignment | Machine Maker - Latest Manufacturing News | Indian Manufacturing News - Latest Manufacturing News | Indian Manufacturing News - Machine Maker
Panasonic Electric Works India, operating under Panasonic Life Solutions India (PLSIND), has reaffirmed its strategic focus on India's solar energy market. This confirmation follows the announcement by Panasonic North America regarding its exit from the solar and battery storage segment. The company has clarified that the restructuring of operations in North America will not affect Machine Maker - Latest Manufacturing News | Indian Manufacturing News - Latest Manufacturing News | Indian Manufacturing News - Machine Maker
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2025-05-10 (techworld.hu)
Panasonic TVs remain -
The company's manager announced a serious step to make the company more profitable, but did not talk about pushing the TV division. The Japanese technology giant Panasonic has announced that it will have lost 10,000 jobs worldwide in a major transformation. The purpose of the move is to rationalize the company's operation and to the new technological areas offering growth potential […]
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2025-05-09 (knack.be)
Panasonic Europe - Data News
Panasonic wants to restructure and stop loss -making activities. In a press release, Panasonic indicates that the procedure 'mainly' will happen in his 2025 financial year. At the end of March, Panasonic had 228,400 employees. The jobs will be deleted 'in accordance with the laws, rules and labor regulations of each country and every region', it sounds.
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2025-05-09 (mediafax.ro)
A large electronics company will dismiss 10,000 people
Panasonic will abolish about 10,000 jobs worldwide. About 50% of the dismissals will be made in Japan. The restructuring concerns the business that records losses.
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2025-05-09 (hotnews.ro)
One of the largest electronics manufacturers will give up 10,000 employees -
The Japanese electronics giant, Panasonic, announced on Friday that it starts a large restructuring plan, a process that includes closing some
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2025-05-09 (asiabusinessoutlook.com)
Panasonic to Lay Off 10,000 Workers to gain more profit
Panasonic Holdings announced plans to cut 10,000 jobs in the current fiscal year, as part of a comprehensive overhaul aimed at boosting profitability. The electronics giant will implement the cuts evenly across Japan and overseas, targeting sales, indirect operations, and underperforming business units.
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2025-05-09 (aa.com.tr)
Panasonic Holdings will fire up to 10,000 of its employees at the national and world level for March 2026
The measure is part of a restructuring framed in a broader strategy of management reform to stop losses and improve profitability. - Anadolu Ajansı
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2025-05-09 (lesechos.fr)
Panasonic will delete 10,000 jobs, half of which in Japan |
Tokyo, May 9 (Reuters) - The Japanese electronics manufacturer Panasonic Holdings announced on Friday the abolition of 10,000 positions and restructuring costs of 130 billion yen (796.07 million euros) for the current exercise, as part of a large reorganization. The group performs…
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