Panasonic denies plants to shut down

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Panasonic denies plants to shut down
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Panasonic denies plants to shut down FMTNews

Panasonic Manufacturing Malaysia Bhd says no other plants or departments other than its Shah Alam 1 plant are affected by a recent rationalisation exercise.

Panasonic said it was only shutting down two product manufacturing departments at its Shah Alam 1 plant after completing a rationalisation exercise and business restructuring on March 1.The manufacturing giant said some employees in the affected departments were offered a mutual separation scheme , and that a significant number of them voluntarily chose this option.

“For the remaining number of employees who did not opt for the MSS, our human resource department has provided them with an offer to be transferred to other departments within Panasonic Malaysia, in positions that suit their skill sets and potential for growth.” The news portal reported that this was the result of Panasonic losing two lawsuits last year involving its former suppliers, former executive director Chen Ah Huat, and employees.

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