Almost 140 jobs could be lost under plans to transfer work from the UK to Japan.
Panasonic said it was looking at options to transfer work from its TV design centre in Cardiff, South Wales, adding: “The potential transfer of these business functions will help ensure that Panasonic’s European TV business will remain competitive while delivering high quality with a lower competitive product cost.
“If this consolidation goes ahead, it is likely to have a significant impact on the 138 employees who work within the Television Design Centre and potentially some shared service support functions. A period of consultation is now under way.”
Panasonic Manufacturing employs more than 530 permanent staff in four different business units in Cardiff.