Panasonic to cut 5,000 jobs

TOKYO: Panasonic said it will cut around 5,000 workers from its automotive and industrial division in a bid to bolster its operating profit margin over the next three years to a 5

Panasonic stays in TV business, chairman resigning

TOKYO: Panasonic’s president said that the company will persist with trying to fix its money-losing TV business, characterizing an exit from the fiercely competitive industry as a “final resort.” Panasonic also said