Panasonic may halve its 7,000-strong headquarters as part of a bid to streamline the Japanese electronics giant and turn a profit following a record annual loss, media reports said on Tuesday. The Osaka-based firm is looking at shrinking its main office by between 3,000 and 4,000 staff, mainly through early retirements and employee transfers to subsidiaries, the Nikkei business daily and Jiji Press reported.
(Source: ChinaPost.com.tw )