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Real News, Real Time

In Response to Putin, Zelenskyy Says Cease-Fire Must Come Before Peace Talks
Posted inWorld

In Response to Putin, Zelenskyy Says Cease-Fire Must Come Before Peace Talks

USNN World Newsby USNN World NewsMay 11, 2025June 7, 2025
Andre Agassi Wins His Professional Pickleball Debut With Partner Anna Leigh Waters
Posted inSports

Andre Agassi Wins His Professional Pickleball Debut With Partner Anna Leigh Waters

USNN World Newsby USNN World NewsMay 10, 2025May 10, 2025
Market Review: Stocks Retreat on Fed Caution and Trade Uncertainty
Posted inEconomy

Market Review: Stocks Retreat on Fed Caution and Trade Uncertainty

USNN World Newsby USNN World NewsMay 10, 2025May 10, 2025
Google to Pay $1.4 Billion to Texas, Settle Data Privacy Case
Posted inBusiness

Google to Pay $1.4 Billion to Texas, Settle Data Privacy Case

USNN World Newsby USNN World NewsMay 10, 2025May 10, 2025
FDA Approves 3 Natural Color Additives Amid Push to Remove Artificial Food Coloring
Posted inHealthcare

FDA Approves 3 Natural Color Additives Amid Push to Remove Artificial Food Coloring

USNN World Newsby USNN World NewsMay 10, 2025May 10, 2025
India and Pakistan Agree to US-Mediated Cease-Fire
Posted inWorld

India and Pakistan Agree to US-Mediated Cease-Fire

USNN World Newsby USNN World NewsMay 10, 2025June 6, 2025
Ukraine and Allies Call on Russia to Accept US Cease-Fire Proposal
Posted inWorld

Ukraine and Allies Call on Russia to Accept US Cease-Fire Proposal

USNN World Newsby USNN World NewsMay 10, 2025May 10, 2025
Judge Warns Trump’s Order May Violate Previous Ruling on Sanctuary Cities
Posted inImmigration

Judge Warns Trump’s Order May Violate Previous Ruling on Sanctuary Cities

USNN World Newsby USNN World NewsMay 10, 2025May 10, 2025
Warriors’ Steph Curry Addresses Hamstring Injury: ‘Hopefully I’ll Be Back Soon’
Posted inSports

Warriors’ Steph Curry Addresses Hamstring Injury: ‘Hopefully I’ll Be Back Soon’

USNN World Newsby USNN World NewsMay 9, 2025May 9, 2025
Ravens Release Justin Tucker, NFL’s All-Time Most Accurate Field Goal Kicker
Posted inSports

Ravens Release Justin Tucker, NFL’s All-Time Most Accurate Field Goal Kicker

USNN World Newsby USNN World NewsMay 9, 2025May 9, 2025
US Could Hit Debt Limit in August, Bessent Says
Posted inNational News

US Could Hit Debt Limit in August, Bessent Says

USNN World Newsby USNN World NewsMay 9, 2025May 9, 2025
Japanese electronics manufacturer Panasonic plans to terminate 10,000 workers globally as part of a reform to resolve “structural issues,” the company said in a May 9 statement. The layoffs target 5,000 Japanese employees and 5,000 overseas workers at Panasonic’s consolidated companies. Job cuts are set to be implemented mainly in fiscal year 2026, “in accordance with the labor laws, rules, and regulations of each country and region.” “The company will thoroughly review operational efficiency at each Group company, mainly in sales and indirect departments, and reevaluate the number of organizations and personnel actually needed,” said the statement. Story continues below advertisement Panasonic will also terminate loss-making businesses that have “no prospect of improving profit.” “Through these measures, the company will optimize our personnel on a global scale,” it said. The layoffs are part of Panasonic’s broader management reform. The company is banking on these measures in fiscal 2026 to “resolve its various structural issues.” Related Stories Homes for Sale in Washington Surge 25 Percent Amid Federal Layoffs 5/8/2025 Homes for Sale in Washington Surge 25 Percent Amid Federal Layoffs Layoffs Drop, Jobless Claims Climb Ahead of April Jobs Report 5/1/2025 Layoffs Drop, Jobless Claims Climb Ahead of April Jobs Report The management reform seeks to improve profit by a minimum of 150 billion yen—roughly $1 billion—in fiscal year 2027 compared to fiscal 2025. For the current fiscal year 2026, Panasonic expects structural reforms to cost the company 130 billion yen, approximately $900 million. In an April 10 statement, Yuki Kusumi, the CEO of Panasonic Group, highlighted the need to change the organizational culture in the company. “There is a deep-rooted tendency toward following the established framework once a decision has been made. If we are going to improve the efficiency and quality of our work, then we must become an organization that is constantly changing, with each individual taking the initiative to make changes,” he said. “I believe we need to advance to the stage where change is considered a virtue. To achieve this, it is extremely important that we avoid being constrained by deeply ingrained behaviors.” The layoff announcement came on May 9 as Panasonic reported its consolidated financial results for fiscal year 2025, which ended on March 31. Story continues below advertisement Sales were at 8,458.2 billion yen, approximately $58 billion, down 0.5 percent from a year ago, which was partly due to the impact of deconsolidation in the company’s automotive segment, said the earnings report. Operating profit jumped 18 percent year-over-year, partly due to higher sales. According to Panasonic, the global economy experienced a gradual slowdown during the fiscal year ending March 31. For fiscal year 2026, net sales are expected to decrease, with operating profit also forecast to fall. Potential impacts of tariffs from the United States were not included in the forecast. “The company continues to monitor the tariff situation and aims to minimize the resulting impact by taking measures from both short-term and medium- to long-term perspectives,” Panasonic said. In January, Panasonic Well, a division of the company, announced a plan to create “the first comprehensive wellness ecosystem” for families. “Families are at their breaking point as chronic stress, disconnection, and fragmented wellness solutions are taking a toll, and the call for help is loud and clear,” the company said. Panasonic’s wellness solution is expected to aid families in dealing with wellness issues and “help modern families thrive.”
Posted inEconomy

Panasonic Announces 10,000 Layoffs Worldwide

USNN World Newsby USNN World NewsMay 9, 2025May 9, 2025

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NATIONAL NEWS

  • Geraldo Rivera: House Democrats’ Impeachment Effort is ‘Constitutional Vandalism’Geraldo Rivera: House Democrats’ Impeachment Effort is ‘Constitutional Vandalism’
    By Joshua Caplan Fox News Channel contributor Geraldo Rivera blasted the House Democrats’ impeachment process against President Donald Trump on Tuesday, calling it “an act of ...
  • Lindsey Graham: FBI Ran ‘Criminal Enterprise to Defraud the FISA Court’Lindsey Graham: FBI Ran ‘Criminal Enterprise to Defraud the FISA Court’
    By Joshua Caplan Sen. Lindsey Graham (R-SC) on Monday excoriated the FBI’s investigation into now-debunked collusion between the 2016 Trump campaign and Russia as a “criminal ...
  • Report: Over 40 Virginia Counties Now Second Amendment SanctuariesReport: Over 40 Virginia Counties Now Second Amendment Sanctuaries
    By AWR Hawkins A report from CNN claims over 40 counties in Virginia are now declared as Second Amendment Sanctuaries. On December 5, 2019, Breitbart News reported 23 ...
  • Democrats’ ‘Abuse of Power’ Article Revives Disastrous Johnson ImpeachmentDemocrats’ ‘Abuse of Power’ Article Revives Disastrous Johnson Impeachment
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  • Full Doc: Read the IG Report on FBI’s Surveillance of the Trump CampaignFull Doc: Read the IG Report on FBI’s Surveillance of the Trump Campaign
    By Joshua Caplan The Justice Department’s inspector general (IG) report states the FBI possessed an “authorized purpose” to investigate the 2016 Trump campaign, but says the bureau committed ...
  • House Democrats announce articles of impeachment against President TrumpHouse Democrats announce articles of impeachment against President Trump
    By Brooke Singman | Fox News House Democrats are expected to announce articles of impeachment against President Trump on Tuesday focused on abuse of power and obstruction ...
  • Poll: Donald Trump Beating 2020 Democrats in Michigan, Pennsylvania, and WisconsinPoll: Donald Trump Beating 2020 Democrats in Michigan, Pennsylvania, and Wisconsin
    By Charlie Spiering President Donald Trump is now leading Democrat presidential candidates in Michigan, Pennsylvania, and Wisconsin, as Congressional Democrats continue struggling to impeach the ...
  • Nolte: 2020 Polls Show Impeachment Is Kamikaze Mission for DemocratsNolte: 2020 Polls Show Impeachment Is Kamikaze Mission for Democrats
    By John Nolte The crazed media and deranged Democrats are about to do something never before seen in America: impeach a president with absolutely no ...
  • Democrat Counsel Daniel Goldman Refuses to Say Who Ordered Phone SnoopingDemocrat Counsel Daniel Goldman Refuses to Say Who Ordered Phone Snooping
    By Joel B. Pollack House Intelligence Committee Democrat counsel Daniel Goldman refused Monday to answer questions from House Judiciary Committee Ranking Member Doug Collins (R-GA) ...
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  • Treasury Official: 7 Million Jobs Created Under TrumpTreasury Official: 7 Million Jobs Created Under Trump
    By Theodore Bunker President Donald Trump has “added more than 7 million jobs” during his time in office, a Treasury official told Breitbart News Saturday over the weekend. Monica ...
  • Trump: Russia Probe Was ‘Attempted Overthrow’Trump: Russia Probe Was 'Attempted Overthrow'
    By Eric Mack President Donald Trump rebuked the FBI investigation of his campaign for potential ties to Russia as a “disgrace to our country” and ...
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