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toyota lay offs
A recent report out of Japan had Toyota preparing to cut domestic vehicle production by up to 20 percent in the fourth quarter of 2010. Why? Sales of hybrids and other fuel efficient vehicles are expected to drop following the expiration of tax incentives on those vehicles. Now comes word that ...
Toyota has a long-standing tradition of not laying off permanent full-time workers. So if you've got a job at Toyota, you've got a job for life. But something's got to give in today's economy. Unfortunately, current market conditions aren't getting along well with the Japense automaker's policy, ...
Sinking sales at its Lexus luxury division have prompted Toyota to lay off some 800 workers at a Japanese plant where certain Lexus models are assembled. All 800 workers were temporary hires provided by an outside agency, and Toyota claims that at least 500 of the temps will be brought back at some ...