Consumer Electronics

Employment trends and layoff analytics for the Consumer Electronics industry.

10,000
Total Affected
Since Jan 2024
2
Layoff Events
Across all companies
2
Companies
With layoffs
5,000
Avg per Event
Employees affected
0
Confirmed
Company verified events
1
Multi-Source
Multiple source verification
0
Severance Data
With severance information

Layoffs Over Time

By Sector

Consumer Discretionary
10,000
Technology
0

Most Common Reasons

Apple initiated a rare round of job cuts within its global sales organization to streamline operations, eliminate overlapping roles, and improve customer engagement. This strategic move aims to shift sales more towards third-party resellers, thereby lowering internal costs such as salaries. The restructuring also reflects a broader industry trend of cost control and adapting to uncertain economic conditions, despite Apple's strong revenue performance and increased investments in AI infrastructure. The company stated these changes affect a small number of roles and allow impacted employees to apply for other internal positions or receive a severance package.
1 event
Panasonic Holdings announced plans to lay off 10,000 employees as part of a major restructuring and corporate overhaul. The Japanese multinational is streamlining operations to improve profitability and competitiveness in the global electronics market.
1 event

Most Affected Departments

Sales (Account Management for Enterprise
0
Education
0
Government)
0
Sales (Briefing Centers)
0

Companies in Consumer Electronics

Panasonic Holdings Corporation
PCRFY
10,000 employees affected · 1 event · Consumer Discretionary
Apple
AAPL
0 employees affected · 1 event · Technology

Recent Layoff Events

DateCompanyEmployeesReason
Nov 25, 2025
Apple 5 sources
Apple initiated a rare round of job cuts within its global sales organization to streamline operations, eliminate overlapping roles, and improve customer engagement. This strategic move aims to shift sales more towards third-party resellers, thereby lowering internal costs such as salaries. The restructuring also reflects a broader industry trend of cost control and adapting to uncertain economic conditions, despite Apple's strong revenue performance and increased investments in AI infrastructure. The company stated these changes affect a small number of roles and allow impacted employees to apply for other internal positions or receive a severance package.
May 1, 2025
Panasonic Holdings Corporation
10,000 (4.8%*)
Panasonic Holdings announced plans to lay off 10,000 employees as part of a major restructuring and corporate overhaul. The Japanese multinational is streamlining operations to improve profitability and competitiveness in the global electronics market.