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Japanese tech company Panasonic slashes 10,000 people as profits falter

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Summary
Nutrition label

77% Informative

Panasonic will slash its global workforce by 10,000 people, half in Japan and half overseas.

The job cuts, amounting to about 4% of its 230,000 workers, will include early retirement offers in Japan .

Panasonic reported a 17.5% drop in profit for the fiscal year through March at 366 billion yen ( $2.5 billion ), down from 443 billion yen in previous fiscal year .

VR Score

85

Informative language

88

Neutral language

89

Article tone

formal

Language

English

Language complexity

52

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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no external sources

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