Panasonic will lay off 700 workers and cease manufacturing refrigeration compressors
Singapore – Panasonic is laying off 700 employees in Singapore because it will cease producing refrigeration compressors by September 2022. According to Panasonic’s news statement released on September 23, in order to guarantee that all impacted workers are “well-supported”, they have been collaborating with the relevant authorities, government agencies and United Workers of Electronics and Electrical Industries (UWEEI). The company is …