Panasonic Layoffs: What’s Happening, Who’s Affected & Severance Rights in Canada

Panasonic is reportedly planning to eliminate approximately 12,000 jobs as part of a restructuring. (Nikkei)

The bombshell update comes as the electronics giant is looking to shift its television sales operations for North America and Europe to Chinese appliance maker Skyworth Group in April 2026.

This page explains:

• What’s happening with Panasonic layoffs
• Who’s most affected
• Whether a Panasonic layoff is permanent
• How much severance Panasonic employees in Canada may be owed
• What to do before signing a severance offer

Who’s Affected by the Latest Round of Layoffs?

The specific roles and teams that could be affected by the latest workforce reduction at Panasonic remains unclear.

The company currently employs dozens of people in Canada, according to LinkedIn.

Panasonic is a provincially regulated employer — meaning most non-unionized employees are governed provincial employment standards, not the Canada Labour Code.

Is a Panasonic Layoff Temporary or Permanent?

For non-unionized employees at Panasonic, a layoff is almost always treated as a termination without cause, even if the following language is used:

• “Restructuring”
• “Reorganization”
• “Transformation”
• “Temporary layoff”

Unless your employment contract explicitly allows for Panasonic to temporarily lay you off, the company can’t place you on indefinite layoff without terminating your employment — meaning they must provide full severance pay.

Severance Pay for Panasonic Staff

In Canada, non-unionized employees, including those at Panasonic, are often owed far more severance pay than what’s outlined in their initial offer.

Severance is based on common law entitlements, not just minimum standards. Factors include:

• Age
• Length of service
• Position and seniority
• Availability of comparable jobs

In many cases, Panasonic employees in Canada can be owed up to 24 months of compensation.

Severance may include:

• Base salary
• Continued benefits
• Bonus and incentive compensation
• Stock, equity, or RRSP contributions (where applicable)
• Vacation pay
• Other earned compensation

First offers often:

• Cover only minimum entitlements
• Exclude bonuses or incentives
• Impose short signing deadlines
• Undervalue long-service or senior employees

Severance Offers: Common Problems

Canadian employees affected by layoffs frequently report issues such as:

• Severance offers far below legal entitlements
• Missing or unclear compensation breakdowns
• Benefits cut off too early
• Bonuses excluded without justification
• “Temporary layoff” language used improperly
• Pressure to sign within 24–48 hours

Wrongful Dismissal and Panasonic Layoffs

A wrongful dismissal occurs when major employers, including Panasonic, fail to provide full severance required under common law.

You may have a claim if:

• Your severance offer is too low
• A termination clause isn’t enforceable
• You were pressured to accept your severance offer on the spot
• Bonuses or benefits were excluded from your severance package
• You were terminated while on medical, parental, or disability leave
• Panasonic labelled your termination a “temporary layoff” without contractual authority

Large-scale layoffs at Panasonic don’t reduce their legal obligations in Canada.

Laid Off at Panasonic? Next Steps

If you’ve been laid off at Panasonic:

1. Don’t sign your severance offer immediately
2. Gather your employment contract, bonus plans, and benefits information
3. Use the Severance Pay Calculator to double-check your entitlements
4. Keep records of your role, compensation, and length of service
5. Speak with an employment lawyer before agreeing to anything

Panasonic Layoffs: Frequently Asked Questions

How much severance can Panasonic employees receive?

Up to 24 months — depending on age, service, and position.

Are Panasonic layoffs permanent?

For non-unionized employees, yes. A layoff is typically a termination.

Does Panasonic have to include bonuses in severance?

Often yes — especially if bonuses were a regular part of compensation.

Can Panasonic terminate employees on leave?

This can raise serious wrongful dismissal and human rights issues.

Can employment lawyers represent unionized Panasonic staff?

No. Unionized employees at Panasonic must go through their union.

Lost Your Job? Get Help Now

If Panasonic has laid you off, or offered a severance/buyout package, don’t do anything before seeking legal advice.

Samfiru Tumarkin LLP, one of Canada’s most reviewed employment law firms, has helped more than 50,000 Canadians secure the compensation they’re legally entitled to.

Disclaimer: The materials above are provided as general information about the rights of non-unionized employees in Canada. It is not specific to any one company and SHOULD NOT be read as suggesting any improper conduct on the part of any specific employer, or a relationship between Samfiru Tumarkin LLP and a specific employer.