You are here: Home » International » News » Companies
Business Standard

Japan Inc's safety failures point to deeper malaise

Companies are failing to produce the skilled workers needed to ensure standards are met in areas like safety

Sam Nussey | Reuters  |  Tokyo 

A series of safety scandals at Japanese companies have put the country’s lionised factory floor under scrutiny as manufacturers struggle with increased pressure on costs, stricter enforcement of standards and growing competition. With margins squeezed by a stagnant domestic market and rivalry from China and South Korea, many factories have cut costs, reducing their reliance on workers in lifetime employment in favour of labourers on temporary contracts. As they have done so, safety scandals have erupted across the country’s much-vaunted manufacturing sector, with ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Mon, October 30 2017. 03:22 IST
RECOMMENDED FOR YOU