Daily Recession covers the world as it goes into recession. The financial crisis, stock market crash, bankruptcies, job cuts, and the turmoil that follows.

Panasonic’s Japan, Overseas 1700 Job Cuts To Be Same In Percentage Terms

Posted: May 22nd, 2011 | Author: | Filed under: By Location, Japan | Tags: , , | No Comments »

Japanese electronics manufacturer Panasonic Corp.’s previously announced 17,000 job cuts would be the same in percentage terms for its Japanese and overseas employees, according to media reports citing Panasonic’s president Fumio Ohtsubo.

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