Job cutting, Japanese style
Abstract
Spurred by recession, major Japanese corporations have reduced their workforces, introduced merit pay and performance appraisal, abolished promotion on seniority and moved production overseas. These have been unsettling to a culture which prides itself on stability, continuity, group support and harmony. But many small‐ and medium‐size companies have seized the opportunity to create new products, fill market niches ‐ and put many of the people dismissed from large corporations back into productive work.
Keywords
Citation
(1997), "Job cutting, Japanese style", Management Development Review, Vol. 10 No. 1, pp. 32-34. https://doi.org/10.1108/EUM0000000004351
Publisher
:MCB UP Ltd
Copyright © 1997, MCB UP Limited