Login. In Q2 2013, Panasonic Mobile Communications booked a 5.4 billion yen operating loss. [70], In November 2015, Panasonic starts to retail locally harvested produce from its indoor agriculture facility salads via Veggie Life branding in Singapore, from the very first licensed indoor vegetable farm in the country using Panasonic's own technology. [23], In 1961, Matsushita traveled to the United States and met American dealers. [12] The company has sold products under a number of other brand names during its history. League, the main Japanese Professional Football League. Panasonic operates a chain of stores in the United Kingdom and Ireland called "Panasonic Store" which exclusively sell Panasonic products. The Abnormality's Qliphoth Counter will be lowered by 1 with the next methods: 1. Gobel is also the President Commissioner of Indosat. 67 Smith Brothers Racing Dodge for Ken Schrader,[130] Bryan Reffner,[131] C.W. Panasonic has a primary listing on the Tokyo Stock Exchange and is a constituent of the Nikkei 225 and TOPIX indices. [53], In line with company prediction of a net loss of 765 billion yen, on November 5, 2012, the shares fell to the lowest level since February 1975 to 388 yen. [94], As of March 31, 2012, Panasonic held a total of 140,146 patents worldwide. Volume production commenced in January 2011. [118][119] In 1995, it sold 80% of MCA's shares to Canadian drink company Seagram. Sanyo grew to become a competitor to Matsushita, but was later acquired by Panasonic in December 2009. "- … [140] The company is one of the top scorers on the Products criteria, praised for its good product life cycles and the number of products which are free from polyvinyl chloride plastic (PVC). [20] In the 1920s Matsushita began regularly launching products. In 1998, Matsushita sold Anam National to Anam Electronics. [124] Ventilation appliances such as electric fans are manufactured under KDK and rebranded as Panasonic. [58], In a press release following its announcement at IFA 2013, Panasonic announced that it had acquired the "Cameramanager video surveillance service" with the intention of expanding its reach to cloud-based solutions. Rockford Fosgate® is still the global leader in audio innovation, design and engineering, delivering an experience of passion through sound in a way the world has never felt before. [citation needed]. [120][121][122] MCA was renamed Universal Studios in 1996,[123] and its music division was renamed Universal Music Group. According to a source, the company has put aside $10 million for use in either an acquisition or joint venture. History. In June 1994, Panasonic Shun Hing Industrial Devices Sales (Hong Kong) Co., Ltd. (松下信興機電(香港)有限公司) and Panasonic SH Industrial Sales (Shenzhen) Co., Ltd. (松下電器機電(深圳)有限公司) were established by joint venture between Matsushita Electric Industrial and Shun Hing Group respectively,[17][18] making Rasonic a product brand for MEI and subsequent Panasonic Corporation. The companies were formed over a twenty year period with the most recent being incorporated three years ago in May of 2017. They are notably meticulous and punctual. Panasonic Corporation sells virtually all of its products and services worldwide under the Panasonic brand, having phased out the Sanyo brand in the first quarter of 2012. When first discovered in E.coli, MinD was thought to associate with MinC and form a stable cap at each bacterial pole, thereby specifying the mid-zone of the cell by alleviating inhibitory pressures in that region. [80][81], On 25 September 2018, Panasonic became one of the founding members of the L-Mount Alliance, and announced two full-frame mirrorless cameras and a range of L-Mount lenses to be launched in 2019. Customer Care Helpline : 011-33145145 Minda Industries Ltd. (Corporate Office) Village - Nawada, Fatehpur P.O. The Boys is an American superhero streaming television series developed by Eric Kripke for Prime Video.Based on the comic book of the same name by Garth Ennis and Darick Robertson, which was originally published by DC Comics under their Wildstorm imprint before moving to Dynamite Entertainment, it follows the eponymous team of vigilantes as they combat … [25], The company debuted a high-fidelity audio speaker in Japan in 1965 with the brand Technics. In 1973, Matsushita established "Anam National", joint venture with Anam Group in South Korea. Join Minds Now . A Leading Manufacturer of Automobile Components Spark Minda. Universal Music Group is now co-owned by French media conglomerate Vivendi and Chinese internet conglomerate Tencent. The $5 billion plant would employ 6,500 people, and reduce Tesla's battery costs by 30 percent. Zero of the companies are still active while the remaining two are now listed as inactive. ", "Matsushita: The Electronic Giant Wakes Up", "Matsushita Electric Becomes Panasonic Corporation", "Matsushita Electric to Change Name to Panasonic Corporation", "Shareholders of Matsushita approve company name change to Panasonic", https://reviewsca.com/best-ladies-electric-shaver/, Sanyo name to cease by April 1, 2012, Panasonic tells partners | AV Interactive | Pro AV news, analysis and comment from Europe's leading Audio Visual title | AV Magazine, "Panasonic History: 1927 – Square bicycle lamp developed and marketed", "社史:2003年(平成15年) グローバルブランドを「Panasonic」に統一", "Panasonic Establishes "A Better Life, A Better World" as its New Brand Slogan", "PSIDS (China (Guangdong), Hong Kong, Macau)", Panasonic Confirms the Return of Technics Brand, Panasonic Approved For $4.6 Billion To Acquire Sanyo, To Become World's Largest Li-Ion Battery Maker, Panasonic expands use of Panasonic brand name globally, "The man behind Panasonic - Tech News | The Star Online", "It's a Wrap: MCA Sold : Matsushita to Pay About $6.6 Billion", "Seagram heads for Hollywood; Seagram will buy 80% of big studio from Matsushita", "Matsushita, Freed of MCA, Reports a Profit", "Panasonic donates $5-million to music city", https://amp.smh.com.au/technology/lg-samsung-try-to-save-the-crt-20050819-gdlwh2.html, "Panasonic-Toshiba venture to shut Malaysia CRT plant", "Panasonic-Toshiba Venture to Shutter Malaysia CRT Plant", "Hitachi, Matsushita, Toshiba cement LCD venture plan | ITworld", "UPDATE 1-Matsushita buys stake in CRT venture from Toshiba", https://www.bloomberg.com/apps/news?pid=20601101&refer=japan&sid=a.FYoVTCPXMY, "Notice of the Establishment of JVC KENWOOD Holdings, Inc", "Panasonic officially owns Sanyo and boasts the world's largest plasma panel plant now", "Panasonic to trim TV business, cut 1,000 jobs " Japan Today: Japan News and Discussion", "Haier, Sanyo sign merger agreement - People's Daily Online", "Myspace reinvents itself as an "entertainment experience," with help from Panasonic and Justin Timberlake", "Panasonic acquires 76% stake in Firepro-Systems", "Panasonic spins off Sanyo DI Solutions, keeps the digital camera OEMs happy", "Panasonic Falls to 37-Year Low on Wider Loss Target", "Panasonic prepares for 'garage sale', to axe 10,000 jobs", "Panasonic to buy stake in Slovenia's Gorenje", "Sony and Panasonic sign basic agreement to jointly develop standard for professional-use next-generation optical discs", "Panasonic Europe Announce New Operating Company to Expand New Cloud Video Surveillance Service at IFA 2013", "Announcement of Company Name Change | 2017 | News", "PHC Holdings Corporation: Announcement of Company Name Change", "Panasonic, Tesla agree to partnership for US car battery plant", "Gigafactory battery plant planned by Tesla in tie-up with Panasonic", Panasonic says initial investment in Tesla battery factory will be 'tens of billions' of yen, Panasonic Partners With Photon To Build Smarter Signs In Stores, Panasonic withdraws from TV production in China: source, Panasonic to Buy Houston-Based ITC Global, Panasonic signs battery storage deal with 3 Australian utilities, Panasonic to produce catalyst-coated diesel particulate filter, "Panasonic Indoor Vegetable Farm Offers More Opportunities for Farm-To-Table Experience", Panasonic Partners to Make Denver The Smartest City in America, Nissan's battery pullout may energize rivals, Tesla Says Panasonic Exclusive Supplier of Model 3 Batteries, "Tesla's entire future depends on the Gigafactory", "Panasonic to raise $3.9 billion, partly to finance Tesla plant investment", Panasonic looks to AI acquisitions with $10M fund, "Panasonic to move European HQ in London to Netherlands over Brexit concerns", "Panasonic Develops Two Models of Its First Full-Frame Mirrorless Camera", "Panasonic Lumix S1R and Lumix S full-frame mirrorless cameras revealed", "Panasonic to sell loss-making chip business to Taiwanese firm: source", "Panasonic to spin off security camera business as costs weigh", "Japan's Polaris Capital to acquire 80% of Panasonic's new security business", "Panasonic to Cease LCD Production by 2021", "Panasonic exits vending machines as market shrinks", "Panasonic debuts True Wireless headphones with active noise cancelling and long-life battery", "Panasonic Takes 20% Stake in Blue Yonder", "Panasonic Transitions to a Holding Company System | Headquarters News", "Annual Report for the year ended March 31, 2012", "Corporate Information - Panasonic Homes Co., Ltd. - Panasonic", "Panasonic and Toyota Confirm Location and Executive Structure of Town Development Joint Venture | Corporate | Global Newsroom", "Panasonic says its avionics business being probed by U.S. authorities", "Panasonic to launch waterproof Eluga phone", "Panasonic to stop making new smartphones for NTT Docomo: Kyodo", "Outline - Automotive Company - Panasonic", "Panasonic to jump-start US battery cell output for Tesla", "Panasonic to pour billions of yen in Tesla's gigafactory as initial investment", "Tesla's battery partner Panasonic increases production in Japan for other automakers", "Toyota-Panasonic venture to start EV battery development in April", "Company Overview of Panasonic Europe Ltd", "Company Overview of Panasonic Marketing Europe Gmbh", "Panasonic executive says Europe consumer sales hold up", Panasonic launches virtual solar service to UK consumers, "It's a Wrap: MCA Sold: Matsushita to Pay About $6.6 Billion", "Matsushita to Sell 80% of MCA to Seagram Co. : Business: Distiller to pay about $7.1 billion. As of July 2020, Panasonic's operations are organised into seven "domain companies": Appliances, Life Solutions, Connected Solutions, Automotive, Industrial Solutions, and two overseas branches overseeing the businesses in the United States and Asia. Mr. Daizo Ito serves as Group President for Panasonic Regional Headquarters India (situated in Haryana) at Panasonic India Pvt. The company also manufactured MSX computers of their own, such as Panasonic FS-A1. [68], In June 2015, Panasonic struck agreements with three Australian energy utilities (Red Energy, Ergon Energy and ActewAGL) to trial its home-based battery storage options. Late Shri Shadi Lal Minda, doyen of the Minda Group was a leading industrialist, who was also renowned for his philanthropy. [44][45] The merger was completed in December 2009, and resulted in a corporation with revenues of over ¥11.2 trillion (around $110 billion).[46]. Minda Renchard Overview Minda Renchard has been associated with two companies, according to public records. [78], In July 2016, Panasonic unveiled its interest in making acquisitions in the artificial intelligence (AI) and machine learning space. [49], In January 2012, Panasonic announced that it had struck a deal with Myspace on its new venture, Myspace TV. We love who we are and we are very proud to be the part of your business. They establish strategies for situations such as escaping Abnormalities, panicking employees and security breaches, as well as setting up safety guidelines for others to follow. [73] In June 2016, Tesla announced that Panasonic would be the exclusive supplier of batteries for its mass market vehicle Model 3. | Panasonic Newsroom Global", "Panasonic renews with MLS, adds U.S. national teams", "AIFF signs Rs 4.7 crore deal with new sponsor", "Toyota goes virtual to show 2009 F1 car", "2005 Winn-Dixie 250 Presented by PepsiCo", "Jaguar names Panasonic as title sponsor of its Formula E team", "SATO CONTINUES TO DRIVE IN ELITE INDYCAR COMPANY", "Will Panasonic's 'hazard pay' make a difference to air pollution in China? Panasonic has offered a wide range of products and services, including air conditioners, refrigerators, washing machines, compressors, lighting, televisions, personal computers, mobile phones, audio equipment, cameras, broadcasting equipment, projectors, automotive electronics, aircraft in-flight entertainment systems, semiconductors, lithium batteries, electrical components, optical devices, bicycles, electronic materials and photovoltaic modules. Matsushita bought American media company MCA Inc. for US$6.6 billion. [14] The use of multiple brands lasted for some decades. 2. [137], On February 14, 2017, Panasonic was unveiled as the main sponsor of Lega Basket Serie A, the highest professional basketball league in Italy and one of the top ranked national domestic league in Europe. ", "Adslogans – A fast, efficient bespoke search service for advertisers on slogans, endlines, straplines, taglines etc. The company began producing television sets for the U.S. market under the Panasonic brand name, and expanded the use of the brand to Europe in 1979. The service allows users to run a simulation to provide an estimate of how much a rooftop solar installation would produce if it were installed in their home.[116]. With the announcement that Pioneer would exit the production of its Kuro plasma HDTV displays, Panasonic purchased many of the patents and incorporated these technologies into its own plasma displays. [103] From July 2013 to January 2018 Panasonic India has released one more series of Android Smartphones Panasonic P Series, along with Eluga Series. [138], Panasonic currently sponsors Japanese IndyCar Series driver Takuma Sato in his Rahal Letterman Lanigan Racing car.[139]. [105] Panasonic also purchased the assets of Sanyo Corporation in 2017. These cameras will also be equipped with Dual Image Stabilization technology to help photographers when shooting in low-light. In 1927, Matsushita adopted the brand name "National"[c] for a new lamp product. Each of these companies may comprise multiple subsidiaries conducting actual operations. As of 2012, it had around a 20 per cent share of the Japanese handset market. [26][27], In 1984, Matsushita established the Panasoft software label, which published software for MSX computers from 1984 to 1989. [15] In January 2008, the company announced that it would phase out the brand "National" in Japan, replacing it with the global brand "Panasonic" by March 2010. In 2008, all models of electric shavers from the Panasonic factory were called Panasonic shavers, and they dropped Matsushita and National from their name, regardless of worldwide or Japanese markets. Panasonic's LCD plant in Himeji, Hyogo will be overhauled to manufacture automotive batteries. 24 car with Jeff Gordon for two races in 2014 and through 2015 Parler has a significant user base of Donald Trump supporters, conservatives, conspiracy theorists, and right-wing extremists. [93], As of March 31, 2012, Panasonic employed about 330,000 staff (reduced to around 260,000 by March 2020) and had around 580 subsidiaries. Ltd. A-4, Sector 88, Dadri Road Noida - 201305, Gautam Budh Nagar, Uttar Pradesh, India [115], In May 2015, Panasonic launched its virtual solar service to UK consumers. Today it has emerged as a leading automotive component player with worldwide presence. [25] Over the next several decades Matsushita released additional products, including black and white TVs (1952), electrical blenders, fridges (1953), rice cookers (1959), color TVs and microwave ovens (1966). In 1972, Matsushita established its first overseas factory, in Malaysia. In May 2003, the company announced that "Panasonic" would become its global brand, and launched the global tagline "Panasonic ideas for life. [97], Panasonic Homes was a Japanese real estate and construction company and a subsidiary of Life Solutions Company, Panasonic, founded as the housing unit of Matsushita Electric Works in 1963. It also scores maximum points for the energy efficiency of its products with 100 percent of its TVs meeting the latest Energy Star standards and exceeding the standby power requirement. 1-48, 2F-Yabe Building-1, Kanda Jinbocho, Chiyoda-Ku, Tokyo, 101-0051, Japan: +81-(0)-35577-6204: +81-(0)-8043794183 Panasonic also formerly manufactured aftermarket vehicle audio products such as head units and speakers. [140], In 2014, an article in The Guardian reported that Panasonic will compensate its expatriate workers in China a "hazard pay" as compensation for the chronic air pollution they are subjected to as they work. A place to have open conversations and bring people together. He has been appointed as member of the Board since 2011. Panasonic is the financial/technological partner of Tesla-owned Giga Nevada (Gigafactory 1) and has invested in the factory ever since the project's conception;[106] in contrast to Tesla ever expanding its battery production to overseas, Panasonic has refrained from taking part in Tesla's ventures elsewhere; aside from Giga Nevada, it has own sites in Japan from which it has served Tesla since before the completion of the Gigafactory.[107]. Rasonic is a brand name of Shun Hing Electric Works and Engineering Co. Ltd (信興電工工程有限公司), a company that has imported Panasonic and National branded product since Matsushita Electric Industrial era, and has also sold MEI/Panasonic products under the original brand names. We shine our light of knowledge and reasonability at things that should have never existed, things that … Panasonic is ranked in joint 11th place (out of 16) in Greenpeace’s Guide to Greener Electronics, which ranks electronics manufacturers on policies and practices to reduce their impact on the climate, produce greener products and make their operations more sustainable. View Minda McAllister's profile for company associations, background information, and partnerships. Fundamental Minds LLC filed as a Florida Limited Liability in the State of Florida on Friday, January 1, 2021 and is less than one month old, as recorded in documents filed with Florida Department of State. [113] Panasonic employs around 12,000 people in Europe, and the region generates around 10 per cent of its total revenues. [63], In October 2014, Panasonic announced its initial investment in Tesla Motors’ battery factory would amount to "tens of billions" of yen, according to the firm's CEO. [91], Meanwhile, Panasonic has made an investment to take a 20% stake in Blue Yonder, the supply-chain management software company previously known as JDA Software, deepening the integration of the former's industrial connected technology and the latter's products that has been under way since a year ago. Posts on the service often contain far-right content, antisemitism, and conspiracy theories such as QAnon. [citation needed]. In 2020, Panasonic founded an electric vehicle battery joint venture with Toyota, named Prime Planet Energy & Solutions Inc. (PPES), after its status as the exclusive battery supplier to Tesla has been diminished amid the changes in market environment, such as the rises of the competitors from South Korea and China and Tesla's move to bring the development and manufacturing of battery cells in-house. [136] Various Panasonic ads appeared at the old Boston Garden during the 1980s. [109] It was the second time the two companies joined hands in the realm of battery technology after Primearth EV Energy (PEVE) kicked off in 1996 to produce batteries for hybrid electric cars. We wish with our vast knowledge and power, to see the world, to understand our place in the universe. Matsushita's brother-in-law, Toshio Iue, founded Sanyo as a subcontractor for components after World War II. 3. [126], Panasonic is an official partner and sponsor of AFC Champions League and Major League Soccer. [64], In November 2014, Panasonic announced its partnership with Photon Interactive to create customized and personalized digital signs in stores. When an employee with Justicelower than Level 3 works with the Abnormality, lowering the counter when the work is done. NEW DELHI: Auto component manufacturer Minda Industries today said it has acquired the global lighting business of Spain-based Rinder Group for Euro 20 million. Ltd., an Indian company which makes electric lamps, switches, sockets and other electrical accessories, is a wholly owned subsidiary of Panasonic Corporation. A 80% chance to decrease when the Work Result is Bad. [7][8] On January 10, 2008, the company announced that it would change its name to "Panasonic Corporation", in effect on October 1, 2008, to conform with its global brand name "Panasonic". However, Panasonic's score is let down by its low score on the Energy criteria, with the Guide stating it must focus on planned reductions of greenhouse gases (GHG), set targets to reduce GHG emissions by at least 30% by 2015 and increase renewable energy use by 2020. [citation needed] A majority of the component manufacturing is carried out in Osaka, Japan. In 1968, Matsushita began to make rotary compressors for air conditioners, and, in 1971, it began to make absorption chillers, also for air-conditioning applications. [14] While 'National' had been the premier brand on most Matsushita products, including audio and video, 'National' and 'Panasonic' were combined in 1988 as National Panasonic after the worldwide success of the Panasonic name. [83], In 2019, Panasonic sold its semiconductors and security systems (security camera) businesses. Since day one, we've spearheaded the car audio revolution. [94] Panasonic was the world's top patent applicant for three decades, from the 1980s to the 2000s. [88][89][90], In June 2020, Panasonic entered the true wireless headphones market. [96], The Panasonic IMP Building in Osaka, Japan, The Panasonic R&D facility at Yokosuka Research Park, Japan. Panasonic sponsors the German footballer Marco Reus, who plays for Bundesliga club Borussia Dortmund and Germany. The acquisition was preceded by the takeover of Columbia Pictures by Sony, the arch rival of Matsushita. [65], In January 2015, Panasonic announced it has stopped making TVs in China and plans to liquidate its joint venture in Shandong. [56], In July 2013, Panasonic agreed to acquire a 13% stake in the Slovenian household appliance manufacturer Gorenje for around €10 million. Wikipedia is a free online encyclopedia, created and edited by volunteers around the world and hosted by the Wikimedia Foundation. [47], In October 2011, Panasonic announced that it was going to trim its money-losing TV business by ceasing production of plasma TVs at its plant in Amagasaki, Hyogo Prefecture by March 2012, cutting 1,000 jobs in the process. Mr. Anand Kumar Minda plays a pivotal role in new projects and strategy formulation. Brighter Minds LLC filed as a Domestic in the State of California on Wednesday, December 23, 2020 and is approximately one year old, as recorded in documents filed with California Secretary of State. Minda Corporation Ltd was incorporated in the year March 11th 1985 with the name Minda Switch Auto Private Limited for manufacture of Ignition Switches for Indian Automotive Industry and is the flagship company of Spark Minda Ashok Minda Group which was part of erstwhile Minda Group. On September 8, 2016, Panasonic was unveiled as the title sponsor for the new Jaguar Formula E team. It has been headquartered in Newark, New Jersey since 2013, after being previously headquartered in Secaucus, since the 1980s;[110] both Newark and Secaucus are located within New Jersey's Gateway Region. 2020 2020 Establishment of Electronics Manufacturing Excellence, Pune Brighter Minds LLC Overview. Panasonic obtained exclusive rights to manufacture the 3DO's successor console, the M2, but ultimately backed out of releasing it due to the highly competitive state of the console gaming market at the time. Minda Corporation News, Minda Corporation Latest News, Results, Updates and Analysis on NDTV Profit. It had gotten strengthened by VHS, the de facto standard of consumer videotape that Matsushita and JVC co-introduced. UNO MINDA is a conglomerate engaged in manufacturing, development and sales of diverse auto components for Global & Domestic Automotive Market. [51], On May 11, 2012, Panasonic announced plans to acquire a 76.2% stake in FirePro Systems, an India-based company in infrastructure protection and security solutions such as fire alarm, fire suppression, video surveillance and building management. "Beyond Borders" is the nineteenth episode of Season Ten and the 229th overall of Criminal Minds. [141], Japanese multinational electronics corporation, Major personal computer, server, and mainframe hardware companies, Companies with an annual revenue of over US$3 billion, Ritsuko Ando and Lisa Twaronite, Reuters. When a family of four is abducted while on vacation in Barbados, and the case is connected to several others, including one they investigated last year in Florida, Hotch and the BAU are called in to assist Unit Chief Jack Garrettand his International Response Team, which specializes in cases that involve Americans staying abroad, in a joint investigation. In 2019, Panasonic decided to transfer the chip business to Taiwanese chipmaker Nuvoton following heavy losses.[84]. [67], In April 2015, Panasonic announced its new range of products and relaunched its brand in South Africa. Effective 1st September, 2019 Minda Automotive Solutions Limited is merged with Minda Corporation Limited. Please verify address for mailing or other purposes. Founded in New York City at the MetLife Building in September 1959, it was known as Matsushita Electric Corporation of America (MECA) prior to 2005. [92], On November 19, 2020, Panasonic announced a restructuring set to be completed by 2022 in which the company spins off the domain companies as wholly owned subsidiaries while transforming itself into the holding company named Panasonic Holdings Corporation. In 2014, Panasonic Healthcare was bought by outside investors and renamed as PHCHD, which stands for Panasonic HealthCare HD. Panasonic Mobile Communications manufactures mobile phone handsets and related equipment. . [79], In August 2018, the company announced, in order to avoid potential tax issues Panasonic will move its European headquarters from the UK to Amsterdam in October as Brexit approaches. [54] On November 14, 2012, Panasonic said it will cut 10,000 jobs and make further divestments. Making its mark in the International Grid of Automobile Components manufacturing, UNO MINDA steers ahead as a leading Tier 1 supplier of Proprietary Automotive Solutions to Original Equipment Manufacturers (OEMs). [31][32], In 1992, Matsushita made Panasonic FS-A1GT, the last model of the MSX turbo R computer.[33]. [74] In early 2016 Panasonic president Kazuhiro Tsuga confirmed a planned total investment of about $1.6 billion by the company to construct Gigafactory to full capacity. Built by fanatics, For Fanatics. Parler (/ ˈ p ɑːr l ər /) is an American alt-tech microblogging and social networking service. Fundamental Minds LLC Overview. "The Safety Team gives safety training to new employees and develops action plans for all kinds of potential emergencies that can occur in the company. - SikanderPur Badda IMT Manesar Distt. In 2015, PAS had a revenue of $12.4 billion. [29][30] At the time, Matsushita had dominated the home video market with the company's leading position in the electronics market. In April 2011, it was announced that Panasonic would cut its work force by 40,000 by the end of fiscal 2012 in a bid to streamline overlapping operations. Applied Minds, LLC. 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