According to Japanese business daily Nikkei, Panasonic Corp PC announced its plans to lower its subsidiary Sanyo Electric Co's workforce by more than 10,000 employees at home and abroad this year.
PC shares dropped 0.43% to close at $11.70 yesterday.
Market News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in