Japan's Panasonic says it will cut 10,000 jobs, including 5,000 roles overseas, and book ~$895M in restructuring charges in the current fiscal year (Mayumi Negishi/Bloomberg)
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Summary
— The Osaka-based company said on Friday the job cuts target 5,000 employees in Japan and 5,000 overseas at consolidated companies, and would take place mostly in the current fiscal year.