Latest

Japan's Panasonic targets 10,000 job cuts worldwide
Japan's Panasonic targets 10,000 job cuts worldwide

Japanese electronics giant Panasonic, which supplies batteries to Tesla, said Friday it will target 10,000 job cuts worldwide as part of efforts to boost profitability. Job cuts would be needed "in order for us to perform at a competitive level against other firms", he told the Nikkei.