Panasonic Japan intends to chip factory layoffs 1000 employees lose their jobs

U.S. local time on July 3rd (Beijing time July 4th) news, according to foreign media reports, under the pine said Sunday in Japan has launched a voluntary retirement scheme for chip factory. The local newspaper estimates that 1000 employees will be left.

Over the past four years, Panasonic has cut more than 2.5 jobs due to increased market competition. Panasonic spokesman Akira Kadota said that the voluntary retirement plan was implemented last month, the object is to lay off the company's five semiconductor factories in japan. The five factories currently employs a total of 15 thousand people. Kadota also said that the layoffs will continue until the middle of this month.

Kadota said the voluntary retirement plan spending will reach 35 billion yen. Previously Panasonic has set aside for this year's business restructuring expenses, the layoffs will thus draw. "Japanese economic news" (Nihon Keizai Shimbun) published an article that the total layoffs will reach about 1000. If the report is true, Panasonic will make the total layoffs since the 2001~2002 fiscal year nearly 27 thousand people. But Kadota said that there is no specific number of layoffs.

Panasonic has invested 130 billion yen, in Toyama, Japan, fish city (Uozu) to set up a factory of a 300 mm wafer, and plans to formally put into operation in December this year. The fish factory's products will be used in DVD burners and other equipment. In order to strengthen their plasma TVs and other electronic products in the market competitiveness, Matsushita has been in the semiconductor and electronic components on a large number of investment, said the production of accessories themselves is very beneficial to reduce production cost.