Layoffs Canada
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Panasonic

Media Report

Panasonic is reportedly planning to cut around 12,000 jobs as part of a broader restructuring, according to Nikkei. The company is also set to transfer its television sales operations in North America and Europe to Chinese appliance maker Skyworth Group in April 2026. It remains unclear how many of the layoffs will affect Canadian employees.

Key Facts

Announced Date
February 23, 2026
Province
National
Industry
Other
Company Type
public
Source
News Media

Company Info

English Name
Panasonic

Raw Data (1 source article)

Panasonic Layoffs: What’s Happening, Who’s Affected & Severance Rights in Canada

Samfiru Tumarkin LLP·Feb 23, 2026