Panasonic job layoffPanasonic has decided to cut 15000 jobs worlwide. Panasonic will close some 27 plants worldwide, most of the plants being Plasma TV plants. Naturally the jobs related to those plants will be the most affected. The company has reported that half of the job cuts would take place in Japan while the other half, i.e. 7500 jobs would be cut worldwide. This job cut would be implemented by March 2010. Panasonic employes around 300,000 workers worldwide and hence the above job cut represents roughly 5% of its total workforce.
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