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BUSINESS
Aug 2, 2011

Nomura, Daiwa to slash jobs, costs as losses mount abroad

Nomura Holdings Inc. and Daiwa Securities Group Inc., Japan's largest brokerages, plan to cut costs as the faltering local economy, Europe's sovereign credit crisis and U.S. debt impasse weigh on earnings.
BUSINESS
Feb 10, 2011

Investment banks may slash 3,000 jobs by '14

Global investment banks in Japan may cut more than 3,000 positions in two or three years as risk-aversion and weak economic growth reduce earnings prospects in the country, Executive Search Partners Co. said Wednesday.
JAPAN
Jul 27, 2009

DPJ plan could send jobs overseas

The Democratic Party of Japan, leading in polls for next month's election, has announced proposals to help workers but could end up sending jobs overseas, according to some economists.
Japan Times
COMMUNITY / Issues / THE ZEIT GIST
Dec 30, 2008

Foreign university faculty face annual round of 'musical jobs'

Universities in Japan force most of their foreign instructors to play an unnerving version of musical chairs. Every year the music starts and instructors with expiring contracts scramble for an opening at a new school. University administrators force teachers to play "musical jobs" by offering limited-term...
BUSINESS
Dec 18, 2008

Deutsche Bank terminates 60 jobs

Deutsche Bank AG has eliminated at least 60 jobs in Japan, mainly at its Global Markets division, two sources said Wednesday.
Japan Times
BUSINESS
Dec 11, 2008

1,000 jobs to go at Nikko Cordial

Citigroup Inc., the U.S. bank that is eliminating 52,000 jobs worldwide, will shed about 1,000 workers at its retail brokerage unit in Japan, two company officials said Wednesday.
Japan Times
JAPAN / Q&A
Nov 3, 2007

Nova failure: Can teachers recoup lost pay, keep jobs?

When Japan's largest employer of foreigners effectively went bankrupt last week, thousands of instructors at the foreign-language school giant were left without jobs. Many now face complicated legal problems in a language not their own.
COMMENTARY / World
Jun 4, 2004

Seoul's labor moves could destroy jobs

LUXEMBOURG -- Democracy everywhere increasingly involves politicians seeking short-run gains for themselves and small interest-groups while imposing large costs on most of the population. This trend toward cynical, zero-sum games is most evident in South Korea when it comes to the labor market. It is...
BUSINESS
Jan 10, 2002

Merrill Lynch to ax 20 branches

Merrill Lynch Japan Securities Co. said Wednesday it will drastically reduce its retail brokerage business in Japan, closing 20 of its 28 branches.
BUSINESS
Nov 15, 2001

Casio Computer to delete 3,000 jobs

Casio Computer Co. said Wednesday it will chop 3,000 jobs, about 17 percent of its group workforce, by March, after falling into the red in the first half of the business year.
BUSINESS
Sep 20, 2001

Mitsubishi Electric to ax jobs in wake of global IT slump

In a bid to cope with the slumping demand for information technology products, Mitsubishi Electric Corp. on Wednesday announced a midterm business plan that calls for cutting 2,000 jobs by the end of March 2003 and considering the possibility of a tieup in the cell phone business.
JAPAN
Aug 28, 2001

Toshiba to eliminate 17,000 jobs

Toshiba Corp. announced Monday it will slash 17,000 jobs in Japan -- 12 percent of its domestic workforce -- by the end of March 2004 amid the worldwide slump in the information technology sector.
BUSINESS
Aug 20, 2001

Fujitsu to slash 10,000 jobs in North America, Asia

Leading computer maker Fujitsu Ltd. plans to slash about 10 percent of its group workforce, or more than 10,000 jobs, at home and abroad as the main part of a restructuring plan designed to counter a slowdown in the information technology market, company officials said Sunday.
BUSINESS
May 30, 2001

MMC to cut up to 1,200 jobs

Struggling automaker Mitsubishi Motors Corp. said Tuesday it will introduce an early retirement program to phase out up to 1,200 jobs.
JAPAN / STAGING A COMEBACK
Jan 1, 2001

Carrying out reform is only the beginning for politicians

The final 10 years of the 20th century have been called a "lost decade" for Japan, which continues to suffer woes from the burst of the late-1980s bubble-economy. Japan's comeback as a globally competitive economic powerhouse will require fundamental reforms not only in the industrial and financial sectors...
JAPAN
Dec 25, 2000

Cabinet approves plan to cut 5,988 state jobs

The central government on Sunday decided to reduce its workforce to 817,202 by the end of March 2002 by shedding 23,701 jobs from March next year in a bid to streamline the administration, government officials said.
JAPAN
Oct 12, 2000

Number of disabled seeking jobs rises

The number of disabled people who are seeking jobs at public labor exchanges reached a record high of 128,915 at the end of August, compared with 126,254 at the end of March, according to the Labor Ministry.
JAPAN
Sep 7, 2000

Nursing plan created 12,000 jobs: industry group

The government's wage-subsidy program for nursing-care workers, launched in April when the state-run nursing-care insurance system for the elderly began, helped create about 12,000 new jobs through July, an industry group said Wednesday.
BUSINESS
Aug 9, 2000

6.23 million people lost or quit jobs in '99

Some 6.23 million workers, or 15 percent of Japan's workforce, lost or quit their jobs in 1999, down 0.1 percentage points from the previous year, according to the results of a Labor Ministry survey released Tuesday.
JAPAN
Jan 16, 2000

Tough town beaten to despair as jobs dry up

For 70-year-old Mikami, winter life on the streets of Tokyo has become so unbearable that flirting with a suicide fantasy has become his favorite pastime.
JAPAN
Dec 28, 1999

Full-time jobs still on the decline

The nation's unemployment rate improved in November to 4.5 percent from 4.6 percent in October, though the number of people holding full-time jobs fell for the 23rd consecutive month. Data released Tuesday by the Management and Coordination Agency showed the full-time picture is being obscured by the...
JAPAN
Jun 11, 1999

Jobs, extra budget packages slated for current session

The current Diet session will be asked to approve a supplementary fiscal 1999 budget and other legislation that would finance a package of job-creating measures and implement steps aimed at reviving Japan's industrial competitiveness, Chief Cabinet Secretary Hiromu Nonaka said Friday.
JAPAN
Aug 12, 1998

Nikkeiren pushes state to accelerate jobs program

The Japan Federation of Employers' Associations (Nikkeiren) on Wednesday called on Prime Minister Keizo Obuchi to speed up a government program to create 7.4 million new jobs in 15 sectors by 2010, according to Nikkeiren officials.
JAPAN
Apr 11, 1997

Osaka opens more jobs to foreigners

OSAKA -- The Osaka Prefectural Government has drawn up a report to allow about 70 percent of jobs related to civil engineering, architecture and hygiene engineering in the prefectural government to be opened to long-term non-Japanese residents.
Japan Times
COMMENTARY / Japan
Apr 30, 2023

Momentum grows over a 'just' climate transition in Japan, but more action needed

The government and NGOs have begun to engage with the climate issue, but more work needs to be done to ensure workers in high-emitting industries and regions don’t get left behind.
Japan Times
JAPAN
Apr 20, 2023

Japan steps up midcareer employment for central government offices

As some midcareer recruits struggle to adjust to work styles different from those in the private sector, however, support after employment is a key challenge.
Japan Times
BUSINESS / ANALYSIS
Feb 24, 2023

India wants a clean energy transition deal — and its coal too

Simultaneously beefing up both coal and renewables points to a messy energy transition for India, including the risk of job losses if some coal mines are abandoned.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Tokyo Metro’s overseas efforts begin in earnest with London deal
Tokyo Metro will soon have a role in the running of London's Elizabeth Line, a major train route serving the U.K.’s capital city and environs.
Russia fired experimental ballistic missile at Ukraine, Putin says
Ukrainian firefighters work on a spot following an airstrike in Dnipro on Thursday.
Ex-yokozuna Kitanofuji dies at 82
Yokozuna Kitanofuji enters the ring during the May 1970 grand sumo tournament in Tokyo.
Man charged with murder allegedly made victim date other men for money
A car carrying suspect Ryotaro Masuda, who was indicted for allegedly beating his 25-year-old girlfriend to death, leaves the Shibuya Police Station in Tokyo on Thursday.
Shohei Ohtani wins National League MVP award
Shohei Ohtani celebrates after hitting a three-run home run against the Padres during the National League Division Series at Dodger Stadium in Los Angeles last month.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Around a quarter of Japan married couples in their 20s met through dating apps
A survey released by an organization promoting “Good Couples Day” shows that 24% of couples in their 20s met their marriage partner through a dating app.
'Tokyo Swindlers': Get deep into the minds of real estate con artists
In Ko Shinjo's "Tokyo Swindlers," a group of con artists manipulates real estate giants into falsified deals within the highly competitive, quick market.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?
By Kathryn Wortley

SUSTAINABLE JAPAN

mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world
mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world

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