The last year has not been easy for most Japanese technology corporations. Like other companies, Panasonic was affected by the earthquake and tsunami of March 2011 and the rise in the price of gold. These drawbacks led to the firm lost $ 10,200 million in the last fiscal year and consider the dismissal of 17 thousand workers.

Part of that restructuring began to take place this week to cut between 3 000 and 4 000 jobs at the headquarters of the company. It is the most drastic measure that Panasonic has taken in its history, with approximately 7 000 100 000 of its Japanese employees working in headquarters.

Some of the workers affected by the receive as early retirement packages, while others will be relocated in subsidiaries. This is not only the largest layoff by the Japanese, but is the first thing is not done in the areas of televisions or semiconductors.

The next step in the restructuring of the Asian firm would be the separation of some divisions, such as R & D or Production Technology and WIN-conversion into independent businesses . Will have to see how he handles the Japanese company in the coming months.

restructuring strategy Panasonic follows the footsteps of Sony, another giant Nippon in trouble. Recall that the firm headed by Kazuo Hirai confirmed the dismissal of 10,000 employees in April this year.

Track | Nikkei (Google Translate).