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Old 02-27-2019   #60
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Japan is the hardest country in the world to fire employees. Companies can’t lay off people just because a particular unit is unprofitable. So decisions need to be long term because once a company is committed to say another run of a particular product line it needs to ensure its capacities are fully utilised. And people’s jobs can’t be legally liquidated like other assets such as production lines or raw materials. HR is a factor in any business decision.
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