Report: Hundreds of Malaysian jobs at risk as Panasonic moves to close local plants, including Johor and Melaka

KUALA LUMPUR, June 1 — Hundreds of Malaysians working for Panasonic could soon be jobless if the manufacturing giant Panasonic goes ahead with plans to shutter its factories...

KUALA LUMPUR, June 1 — Hundreds of Malaysians working for Panasonic could soon be jobless if the manufacturing giant Panasonic goes ahead with plans to shutter its factories here.

The news portal also reported that another unit, Panasonic AVC Networks Johor Malaysia Sdn Bhd, is making arrangements to shut down operations before the end of 2023, but it is unclear how many workers will be affected. The manufacturer also sent home 392 migrant workers even as it created 63 new jobs for Malaysians in 2020.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

malaymail /  🏆 1. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Panasonic to shut down part of M'sian operations, hundreds to be joblessIt cites business reasons for the decision, two years after losing lawsuit.
Read more »

96% increase in household internet access in 2022, says report | The Malaysian Insight96% increase in household internet access in 2022, says report
Read more »

Malaysian Everest climber saved in rare high-altitude rescue | The Malaysian InsightSherpa guides haul unnamed mountaineer down 600m from ‘death zone’.
Read more »

Rescuers ‘very close’ to kids missing for weeks in Colombian Amazon | The Malaysian InsightArmy trackers have found a rudimentary shelter, some half-eaten fruit and a fresh footprint.
Read more »

Health white paper to be brought to cabinet next week - Dr ZalihaIt marks the start of Malaysian health system reform.
Read more »

Manis Leting and Triphie top the 1337 Ventures' Alpha Startups Pre-AcceleratorBoth startups will receive pre-seed funding of up to US$10,813 Chosen from the 26 Malaysian startups that joined the cohort Nine aspiring Malaysian startups recently showcased their innovative solutions in front of a live audience of investors, industry experts, and fellow entrepreneurs during 1337 Ventures' Alpha Startup Pre-Accelerator programme. The pre-accelerator programme received hundreds of applications from early-stage startups nationwide when applications were announced early this year with 26 promising startups selected to join the cohort.
Read more »