Japanese Lifetime Employment System is Withering Away

Japan Inc.’s jobs-for-life system, which for decades has brought stagnant wages and crimped corporate mobility, is withering away, Bloomberg reports. The latest evidence comes from food company Ajinomoto Co., which said Friday (Nov 27) it is seeking to eliminate 100 jobs through manager buyouts as the seasoning maker seeks to recover from three straight years […]
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Date: 2nd December 2019 at 18:01
Author: hrinasia – HR ASIA

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