In addition to cutting 15,000 jobs, Panasonic’s all but ordering another 10,000 employees who didn’t get axed to buy Panasonic electronics.
https://gizmodo.com/panasonic-cutting-15-000-jobs-5146540
Surprisingly, this isn’t the first time that Panasonic all but forced its employees to buy company goods. It did the same in 2002, during the last down-economy.
Higher-level managers need to purchase 200,000 yen ($2,200) worth of stuff, whereas mid-level managers will make do with 100,000 yen ($1,100). This may seem awful at first, but being forced to buy gadgets is kinda awesome. “Sorry honey, we really DO need this 65-inch Plasma. Do you want me to get fired, or do you want our son’s teeth to be straight. PICK ONE!” [Trading Markets via Crunchgear]
