Job cuts surge as Japan Inc rebalances aging workforce

Businesstimes
2025.11.14 00:35
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Japanese companies, including Panasonic and Japan Display, are implementing voluntary and early retirement programs to address an aging workforce and boost competitiveness. As of Nov 10, 11,045 employees were targeted for early retirement, the highest since 2021. These efforts, driven by demographic pressures and demands for stronger returns, focus on employees aged 50 and above, marking a shift from Japan's traditional lifetime employment model.

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