Japanese labor law makes layoffs extremely difficult. Companies have to have been operating in the red for a long time, show cost cutting including executive salaries, offer buyouts, etc..
Ask Elon who tried to lay off Twitter Japan and found out he couldn’t, at this point he has to enter negotiations for a settlement with the targeted employees. Or years of more expensive lawsuits.
So far I really see them happening in lay-off friendly countries (ie USA). Mass layoff in a country like Japan is quite unlikely imo.
In country like Japan where many employees are Permanent ones, the only way to have a mass layoff is when the company is about to collapse.
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Japanese labor law makes layoffs extremely difficult. Companies have to have been operating in the red for a long time, show cost cutting including executive salaries, offer buyouts, etc..
Ask Elon who tried to lay off Twitter Japan and found out he couldn’t, at this point he has to enter negotiations for a settlement with the targeted employees. Or years of more expensive lawsuits.
So far I really see them happening in lay-off friendly countries (ie USA). Mass layoff in a country like Japan is quite unlikely imo.
In country like Japan where many employees are Permanent ones, the only way to have a mass layoff is when the company is about to collapse.