Matsushita to trim audio-visual, cell phone unit staff

Matsushita Electric Industrial, better known by its Panasonic brand name, has launched an early retirement program targeted at staff in its consumer electronics and mobile telephone divisions, it said Tuesday.

The company began offering the program in December to the roughly 19,000 staff at its Panasonic Networks Company, which is responsible for products like flat-panel televisions, digital cameras and digital video recorders, and Panasonic Mobile Communications, which is the company's cellular telephone arm.

The program is expected to close shortly and at that time Matsushita will offer more details about the acceptance and cost to the company, said Yoshihiro Kitadeya, a spokesman for the Osaka company.

"If there is some kind of (labor) surplus we have to streamline our operations," he said.

Several local news reports said the company is expecting about 1,000 employees to accept the offer. However, Kitadeya declined to comment on that figure.

At the end of September, Matsushita had 340,000 staff worldwide of which 150,000 were employed by the company in Japan.

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Martyn Williams

IDG News Service
Show Comments

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

David Coyle

Brother PocketJet PJ-773 A4 Portable Thermal Printer

I rate the printer as a 5 out of 5 stars as it has been able to fit seamlessly into my busy and mobile lifestyle.

Kurt Hegetschweiler

Brother PocketJet PJ-773 A4 Portable Thermal Printer

It’s perfect for mobile workers. Just take it out — it’s small enough to sit anywhere — turn it on, load a sheet of paper, and start printing.

Matthew Stivala

HP OfficeJet 250 Mobile Printer

The HP OfficeJet 250 Mobile Printer is a great device that fits perfectly into my fast paced and mobile lifestyle. My first impression of the printer itself was how incredibly compact and sleek the device was.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?