Panasonic to shed 7,000 workers in chip business

/ Oct 24, 2013

Panasonic to shed 7,000 workers in chip business

Panasonic Corp. plans to cut up to 50 percent of the workforce in its semiconductor business — 7,000 employees — by March 2015 and sell off some of its factories, sources said Thursday. Most of the job losses will be overseas, while employees in ...