Panasonic Reportedly Planning to Cut 12,000 Jobs, Part of Restructuring

What’s Happening at Panasonic?

Panasonic is reportedly planning to reduce its global workforce by approximately 12,000 jobs.

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

Which Roles at Panasonic are Affected?

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

Currently, the company employs dozens of people in Canada, according to LinkedIn.

Source

Multiple outlets credit Nikkei with breaking the story about sweeping layoffs looming at Panasonic.

More Panasonic Layoff Coverage

For a full overview of Panasonic layoffs and the rights that non-unionized employees in Canada have in this situation, see our Panasonic Layoffs & Severance Guide.

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.