2025-05-09
Panasonic will slash its global workforce by 10,000
Panasonic is cutting 10,000 jobs globally in an effort to boost efficiency. Citing slowdown in EV growth and deteriorating profits in the air-conditioning sector as two of the challenges it is currently facing, the Japanese company will make the staff cuts in the current financial year, which ends in March 2026.
In a statement released today, it was revealed that the structural reform will target 5,000 employees in Panasonic’s native country and 5,000 overseas. The company says it expects to incur costs of 130 [...]
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2025-04-16
Panasonic S1R II review: An excellent hybrid camera that’s cheaper than rivals
With the A1, Sony was the first to introduce a high-resolution hybrid camera that was equally adept at stills and video — but boy was it expensive. Nikon and Canon followed that template with the R5 [...]
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Engadget review recap: Panasonic S1R II, NVIDIA RTX 5060 Ti and more
New devices are still hitting our desks at Engadget at a rapid pace. Over the last two weeks, we've offered up in-depth analysis of cameras, earbuds, GPUs and a portable display. Plus, there are [...]
2025-05-13
Microsoft is laying off 3 percent of its global workforce
As first reported by CNBC, Microsoft will be laying off 3 percent of its global workforce in an aim to streamline its operations and thin out its management structure. The layoffs will be felt across [...]
2025-04-18
The Morning After: Crosswalks are being hacked to imitate tech billionaires
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2025-01-30
UPS plans to slash its shipping business with Amazon by half
UPS is continuing to withdraw from its business relationship with Amazon. By the second half of 2026, UPS said it will cut its shipping volumes for Amazon by more than 50 percent under the companies&# [...]