When Toyota sneezes, everyone catches a cold.
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Toshiharu Nakano, who runs a Japanese kimono fabrics shop in Osu shopping arcade in Nagoya. Toyota is firing thousands of contract workers, causing a rise in the number of jobless and homeless. The greater Nagoya economy is being hit hard with business slowing at shopping malls and taxi drivers complaining that customers are scarce. (Reuters)
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solarbuster
When companies are loosing 50% of their contracts thousands out of work are to be expected. With Japanese politicians just hiding their heads in the sand or should I say, in meetings to arrange meetings, to arrange other meetings to start thinking about arranging meeting to.......eventually think about some action, instead of being proactive and doing some thing positive it will get a lot worse.
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