Japan has been in demographic decline for a while. Birth rates well below replacement level are such a big problem that the government has been paying people to have children, a program they’ve expanded to prevent complete demographic collapse.
We Need an American Oidashibeya
In Japan, lifetime employment is almost a given. Employees are protected by law and custom, so a wide scale RIF rarely happens. The company does not want to incur embarrassment or admit that they have excess personnel, which could mean unnecessary expenses that reduce profitability and thus affect the company’s stock price. Japan has a … Read more