Executive Briefings

There's No 'Job for Life' in Japan Anymore

Temporary workers like Toshie Helena Oguihara were a driving force behind Japan's economic recovery in recent years, but when the recession returned they found themselves first in the firing line. Japanese companies have announced thousands of layoffs between contract and temporary employees in recent weeks in response to the economic crisis. The wave of job cuts has shattered the myth that a job is for life in Asia's largest economy, which traditionally prided itself on a middle-class lifestyle.
Source: Industry Week

Temporary workers like Toshie Helena Oguihara were a driving force behind Japan's economic recovery in recent years, but when the recession returned they found themselves first in the firing line. Japanese companies have announced thousands of layoffs between contract and temporary employees in recent weeks in response to the economic crisis. The wave of job cuts has shattered the myth that a job is for life in Asia's largest economy, which traditionally prided itself on a middle-class lifestyle.
Source: Industry Week