Panasonic mulls cutting half of 7,000 HQ personnel

OSAKA, Japan - File photo taken in January 2009 shows the headquarters of Panasonic Corp. in Kadoma, Osaka Prefecture. Panasonic is considering cutting 3,000 to 4,000 of the 7,000 personnel who work at its headquarters within the current financial year through internal transfers and early retirement, in an effort to reduce costs and streamline the organization, sources familiar with the matter said May 29, 2012.

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