Core Viewpoint - Panasonic plans to lay off 10,000 employees to enhance profitability by cutting non-growth businesses [1] Group 1: Layoff Details - The company aims to reduce 5,000 employees in Japan and 5,000 overseas, primarily within the current fiscal year [1] - The restructuring costs are estimated to be around 130 billion yen by March next year [1] Group 2: Business Strategy - Panasonic intends to streamline operations by cutting non-growth sectors such as industrial equipment and televisions [1] - The company plans to accelerate its transition using artificial intelligence [1] Group 3: Financial Outlook - Panasonic announced in February that it expects a return on equity of 10% or higher for the fiscal year ending March 2029 [1]
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