In an effort to cut cost following major losses, Panasonic will cut 15,000 jobs in different operating countries worldwide.

Nearly 50% of these jobs will be cut in Japan, while the rest of 50% to be laid off in other countries of the world. However, it is still unknown what will be the impact of this decision on the company’s workforce in UK.

In UK, most of company’s employees are of Cardiff and Newport where 1000 and 500 workers are working for Panasonic respectively. Click here to read more …