Hacker News new | ask | show | jobs
by kitsunesoba 1120 days ago
I remember reading that some Japanese electronics company, I want to say it might’ve been Panasonic, kept the TV wing of their business going for many years after it ceased to be profitable because they didn’t want to displace all the employees working in it.

Japan has problems with work culture (off the books overtime, obligation to go drinking with coworkers, etc) but the increased corporate loyalty towards employees isn’t one of them.

1 comments

Just like when Toyota sent all their assembly plant workers on paid training courses instead of furloughing them like GM and Ford