Job cutting, Japanese style

Author:  

Publisher: Emerald Group Publishing Ltd

ISSN: 0962-2519

Source: Human Resource Management International Digest, Vol.10, Iss.1, 1997-01, pp. : 32-34

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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.