Panasonic to cut 40,000 workers

I've somewhat seen this coming, although not with Panasonic directly. Korean and Chinese goods, and even American with Apple, are eating into the sales of Japanese products.

What sort of brands are owned by Panasonic these days? I know that Sanyo is owned by Panasonic. Are there any more?

Interesting that they say most of those lost jobs will be outside Japan.