Half the cuts will ... the company cut struggling businesses such as plasma televisions. By the mid-2010s, Panasonic was no longer bleeding red ink. Yuki Kusumi, who succeeded Mr. Tsuga in 2021 ...

Half will be cut in Japan and half overseas. Panasonic Holdings President Yuki Kusumi cited "extremely high" costs relative to similar companies and said the big job cuts are necessary for company ...