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Healthcare

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Turmeric Lowers Blood Pressure–How to Get the Most out of It

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Economy

Market Review: Stocks Retreat on Fed Caution and Trade Uncertainty

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Healthcare

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

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Immigration

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

by USNN World NewsMay 10, 2025May 10, 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.”

Economy

Panasonic Announces 10,000 Layoffs Worldwide

by USNN World NewsMay 9, 2025May 9, 2025

Economy

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Economy

How Major US Stock Indexes Fared May 7

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Healthcare

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Different Dietary Proteins Alter the Gut Microbiome Environment

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Economy

How Major US Stock Indexes Fared May 6

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Healthcare

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NATIONAL NEWS

GOP Targets 75 Democratic Seats in Bid to Retake House in 2022

By Dorothy Li House Republicans have widened the playing field for the midterms after releasing an expanded battleground list on June 9 that added the ...

Mass Shooters’ Ties With National Bolshevism Should Be Investigated, Not Ignored: Trevor Loudon

By Ella Kietlinska and Joshua Philipp Many mass killers adhere to the national Bolshevism philosophy, but this ideological connection that motivates them to commit crimes is often overlooked, ...

‘Hapless’ AG Garland ‘Should Resign’ After Failure to Arrest Protestors Outside Justices’ Homes: Sen. Tom Cotton

By Naveen Athrappully Senator Tom Cotton (R-Ark.) called on Attorney General Merrick Garland to resign or face impeachment proceedings following inaction after radical demonstrators persisted ...

New York Republicans Push for Constitutional Amendment Allowing District Attorney Recall Elections

By Katabella Roberts Republican lawmakers in New York are pushing for a constitutional amendment that would establish a process through which electors can remove district attorneys from office if ...

Schumer Under Pressure to Address Past Comments After Man Tried Killing Kavanaugh

By Zachary Stieber The Senate’s top Democrat is under pressure to retract his remarks promising Supreme Court Justice Brett Kavanaugh would “pay the price” after a man ...

Ahead of Televised Investigative Hearing ‘Farce,’ Jan. 6 Prisoner Issues Warning to Americans

By Patricia Tolson Ahead of the first of six televised House committee hearings related to the protests that took place at the U.S. Capitol in ...

Pelosi Blocks Supreme Court Security Bill, Says ‘No One Is in Danger’

By Joseph Lord and Zachary Stieber Democrat leaders in the House of Representatives on June 9 blocked a bill to increase security for Supreme Court justices, asserting that more ...

Conservative Lawyers File Major Lawsuit Against Facebook, Twitter, Zuckerberg, and Dorsey

By Enrico Trigoso Attorneys John Pierce and former U.S. Rep. Bob Barr (R-Ga.) filed in May a federal civil RICO (racketeer influenced and corrupt organizations ...

Biden’s Homeland Secretary Lied About Disinformation Board: Whistleblower Documents

By Mark Tapscott Department of Homeland Security (DHS) Secretary Alejandro Mayorkas misled Congress when he testified under oath in May that the Disinformation Governance Board (DGB) “had ...

Michigan Voters Sue Democratic Secretary of State Over Use of $17 Million in ‘Zuckbucks’ to Tilt Elections

By Matthew Vadum Michigan voters are challenging Secretary of State Jocelyn Benson for allegedly breaking state laws and corrupting the 2020 elections by allowing left-wing billionaire Mark Zuckerberg to use ...

A Call to Arms: Teachers in Conservative States Are Volunteering to Carry Guns

By Darlene McCormick Sanchez Crosses and flowers laid out in the public square of the grief-stricken town Uvalde, where a teen gunman killed 19 students ...

FBI ‘Purging’ Employees With Conservative Views: Rep. Jordan

By Katabella Roberts Rep. Jim Jordan (R-Ohio) on Tuesday claimed that the FBI is “purging” employees who hold conservative viewpoints. In a letter (pdf) to FBI Director Christopher Wray, Jordan, the ranking ...