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Panasonic Holdings Corporation (PCRFF)

11.01

+0.16

+(1.47%)

At close: May 14 at 4:00:00 PM EDT

Panasonic plans to cut 4% of workforce

The decision forms part of the company's efforts to streamline operations and become a more "lean" organisation.

Verdict 2 days ago

PCRHY
Panasonic to lay off 10K workers globally

The electronics maker will also shutter some business units and sites as part of the overhaul.

Manufacturing Dive 2 days ago

PCRHY
Panasonic cutting 10K jobs from its workforce

Electronics maker Panasonic Holdings is trimming 10,000 jobs from its workforce. The company announced the job cuts as part of a broader effort to increase its profitability moving forward.

Fox Business 5 days ago

PCRHY
United Airlines, CoreWeave seeks debt deal, Panasonic layoffs

Yahoo Finance host Brad Smith tracks today's top moving stocks and biggest market stories in this Market Minute, including United Airlines (UAL) stock slipping following an outage at Newark Liberty International Airport, CoreWeave's (CRWV) reported pursuit of a $1.5 billion debt deal, and Panasonic's (6752.T) plans to lay off 10,000 workers. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.

Yahoo Finance Video 5 days ago

CRWV

PCRFF
+1.47%

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Tesla Supplier Panasonic To Slash 10,000 Jobs, Take $895 Million Hit

Panasonic Holdings Corp (OTC:PCRFF) expects to book 130 billion Japanese Yen ($895 million) in restructuring charges for fiscal 2026 as it intensifies its focus on its core competencies. In the current fiscal year, the company plans to downsize its employee strength by 10,000, including 5,000 employees in Japan and 5,000 overseas, Bloomberg reported on Friday. The Tesla Inc (NASDAQ:TSLA) battery supplier’s topline declined 0.5% in fiscal 2025 to 8.46 trillion yen. Operating profit increased by 1

Benzinga 5 days ago

PCRHY

TSLA
Panasonic Holdings to Cut 10,000 Jobs Globally

The company said it would carry out the measures mainly in the current fiscal year targeting 5,000 employees in Japan and 5,000 overseas.

The Wall Street Journal 5 days ago

PCRFF
+1.47%

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Tesla Supplier Laying Off 10,000. Panasonic Stock Rises.

The Japanese electronics company posts fiscal fourth-quarter earnings per share of about 23 cents from sales of $14.2 billion. Wall Street was looking for about 12 cents and $13 billion, respectively.

Barrons.com 5 days ago

PCRHY
Japanese tech company Panasonic cuts 4% of its global workforce as profits falter

Panasonic will slash its global workforce by 10,000 people, half in Japan and half overseas, to become a more efficient, “lean” company, the Japanese manufacturer said Friday. The job cuts, amounting to about 4% of its 230,000 workers, will include early retirement offers in Japan and closures and consolidation of various operations, according to the Osaka-based maker of home appliances, such as washing machines and refrigerators. Panasonic also makes solar panels, delivery robots, facial recognition technology, fuel cells for homes and EV batteries for Tesla cars.

Associated Press Finance 5 days ago

PCRHY
Panasonic to cut 10,000 jobs, expects $900 million in restructuring costs

Panasonic Holdings said on Friday it will cut 10,000 staff and expects to book restructuring costs of 130 billion yen ($896.06 million) this business year as part of an overhaul of the company. The electronics manufacturer will make the staff cuts mainly in the current business year, with half of them planned for Japan and the other half for overseas, it said in a statement. Panasonic has around 228,000 staff worldwide, according to its website.

Reuters 6 days ago

PCRHY
Panasonic to supply lithium-ion 2170 batteries for Harbinger’s medium-duty EVs

The collaboration will see Panasonic Energy’s lithium-ion 2170 batteries integrated into Harbinger’s battery systems.

Just Auto 20 days ago

PCRHY
Is Panasonic Holdings Corporation (PCRFF) the Most Profitable Lithium Stock to Invest In?

We recently published a list of 8 Most Profitable Lithium Stocks to Invest In. In this article, we are going to take a look at where Panasonic Holdings Corporation (OTC:PCRFF) stands against other most profitable lithium stocks to invest in. The lithium market has proven to be a crucial driver as the world moves toward […]

Insider Monkey last month

PCRHY
Goldman Sachs Upgrades Panasonic Stock, Citing Management Reforms and Valuation Appeal

Goldman Sachs upgraded Panasonic from "Neutral" to "Buy" and raised its price target to JPY 2,500.

GuruFocus.com 2 months ago

PCRHY
Panasonic Shares Jump Most in 11 Years on Restructuring Plans

(Bloomberg) -- Shares of Panasonic Holdings Corp. soared 15% on its plans to overhaul personnel and trim underperforming businesses, part of a shift into high-margin areas like powering AI data centers.Most Read from BloombergNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeCitadel to Leave Namesake Chicago Tower as Employees RelocateNYC Sees Pedestrian Traffic Increase in Congestion-Pricing ZoneHow London’s Taxi Drivers Navigate the City Without GPSTransportation Memos Favor

Bloomberg 3 months ago

TSLA

PCRHY
Panasonic unveils an AI-powered wellness coach, powered by Anthropic's Claude, at CES 2025

At CES 2025 in Las Vegas, Panasonic unveiled its upcoming digital assistant, Umi, which offers families a personalized, AI-powered wellness coach. Created in partnership with Anthropic, Umi uses the Claude AI model to help families "care, coordinate, and connect" with each other, the company said. More specifically, this involves an AI assistant that focuses on helping families create goals, like spending more time together or being more active, through an interactive interface, which also allow

TechCrunch 4 months ago

PCRHY
Panasonic Teams Up With Anthropic, Aims for 30% of Sales From AI

(Bloomberg) -- Panasonic Holdings Corp. will embrace artificial intelligence technology across its hardware and software businesses and team up with Anthropic, one of the leaders in the industry, with the goal of boosting AI-related revenue to 30% in a decade, Chief Executive Officer Yuki Kusumi said. Most Read from BloombergWhat Robotaxis Brought San FranciscoNYC Condo Owners May Bear Costs of Landmark Green Building LawAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC’s Subway Vi

Bloomberg 4 months ago

PCRHY
Canada Growth Fund announces first transaction in critical minerals sector with investment in Quebec-based Nouveau Monde Graphite

Canada Growth Fund Inc. ("CGF") is pleased to announce that it has entered into a definitive agreement with respect to a ~C$35.6 million private placement with Nouveau Monde Graphite Inc. (TSXV: NOU) (NYSE: NMG) ("NMG"), a Québec-based integrated graphite mining and processing company. With operations in Saint-Michel-des-Saints and Bécancour, NMG is developing an integrated value chain to transform natural graphite into active anode material, a critical component of lithium-ion batteries. NMG's

CNW Group 4 months ago

PCRFF
+1.47%

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NMG
Panasonic opens RE100 Cardiff facility combining hydrogen, solar and batteries

Hydrogen will serve a role in generating both electricity and heat at the site.

Power Technology 5 months ago

PCRHY
Japan’s ‘god of management’ has come back as an AI avatar

Konosuke Matsushita remains one of Japan's most revered entrepreneurs even 35 years after his death in 1989.

Fortune 5 months ago

PCRHY
Stocks to watch this week: BP, Shell, Uber, HSBC and Intel

Earnings preview of key companies reporting this week and what to look out for.

Yahoo Finance UK 6 months ago

BMY

CELG-RT

BASFY
Japanese sponsors Toyota, Bridgestone and Panasonic end Olympic contracts

The International Olympic Committee's three major Japanese sponsors — Toyota, Panasonic and Bridgestone — are terminating their contracts. Japanese sponsors have turned away from the Olympics, likely related to the one-year delay in holding the 2020 Tokyo Olympics. The delay reduced sponsors’ visibility with fans not allowed to attend competition venues, increased costs, and unearthed a myriad of corruption scandals around the Games.

Associated Press Finance 7 months ago

TM

BRDCY

PCRHY

Performance Overview

Return	PCRFF	Nikkei 225 (^N225)
YTD	+9.77%	-5.36%
1-Year	+31.29%	-1.64%
3-Year	+34.17%	+42.86%

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Panasonic Holdings Corporation (PCRFF)

Panasonic plans to cut 4% of workforce

Panasonic to lay off 10K workers globally

Panasonic cutting 10K jobs from its workforce

United Airlines, CoreWeave seeks debt deal, Panasonic layoffs

Tesla Supplier Panasonic To Slash 10,000 Jobs, Take $895 Million Hit

Panasonic Holdings to Cut 10,000 Jobs Globally

Tesla Supplier Laying Off 10,000. Panasonic Stock Rises.

Japanese tech company Panasonic cuts 4% of its global workforce as profits falter

Panasonic to cut 10,000 jobs, expects $900 million in restructuring costs

Panasonic to supply lithium-ion 2170 batteries for Harbinger’s medium-duty EVs

Is Panasonic Holdings Corporation (PCRFF) the Most Profitable Lithium Stock to Invest In?

Goldman Sachs Upgrades Panasonic Stock, Citing Management Reforms and Valuation Appeal

Panasonic Shares Jump Most in 11 Years on Restructuring Plans

Panasonic unveils an AI-powered wellness coach, powered by Anthropic's Claude, at CES 2025

Panasonic Teams Up With Anthropic, Aims for 30% of Sales From AI

Canada Growth Fund announces first transaction in critical minerals sector with investment in Quebec-based Nouveau Monde Graphite

Panasonic opens RE100 Cardiff facility combining hydrogen, solar and batteries

Japan’s ‘god of management’ has come back as an AI avatar

Stocks to watch this week: BP, Shell, Uber, HSBC and Intel

Japanese sponsors Toyota, Bridgestone and Panasonic end Olympic contracts

Performance Overview