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Job cuts widespread across Japanese auto industry

12/23/2008, 12:50 PM

By Andrew Ganz

Yesterday, after Daihatsu Motor Company announced it is not renewing between 500 and 600 contracts, it became official: All 12 of Japan’s automotive companies trimmed a total of 17,000 jobs, signaling just how widespread the automotive industry crisis has become. Most of the cuts have been among contract and temporary workers.

Japan’s auto industry employs about 34,000 contract and temporary workers, reports the Nikkei business journal, meaning that the domestic automakers have shed about half of their contract and temporary workforce.

Suzuki also announced plans to shed an additional 960 non-full time workers by May and that it will cut another 30,000 vehicles from its export production effective immediately. Daihatsu said it plans to reduce its domestically-produced volume by about 16,000 cars.

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12/23, 1:05 PM

posted by:

Lariat Luxury Locomotive Liner No.3

Simply a proactive move. No surprise here.

12/23, 1:13 PM

posted by:

Borat

Wait till clairvoyant crowd will start predicting failure of Japanese auto industry :)

12/23, 2:22 PM

posted by:

shaver

Strong Yen, on top of slowing sales is killing Japan Mfg right now.

12/23, 3:24 PM

posted by:

Mutant@DCX

I’m going to state that if they built products people want in the first place, these unfortunate job losses could have been avoided. That is all!

12/23, 7:03 PM

posted by:

PW

Arrogant Bob Lutz is probably thanking the Lord for this.

12/23, 8:43 PM

posted by:

andy

its about time the Japanese auto brands are getting recognized as being in the ****s too… everyone i talk to about the whole industry thinks its just the big 3 and Toyota and Honda are killing it.

01/09, 3:47 AM

posted by:

FlyingB

Bold test

italic test

Underline test

01/09, 3:48 AM

posted by:

FlyingB

Test

Test

 
 
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