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They're also operating in a country where life long employment is the norm, people work very hard to get a job at Toyota, it's seen as quite an honor to work th
by ChatGTP 3y ago
They're also operating in a country where life long employment is the norm, people work very hard to get a job at Toyota, it's seen as quite an honor to work there. They're facing a crisis here. In my opinion they either adapt and win, or the majority of staff will lose their job anyway.
They can't fire tens of thousands of factory workers so they're doing absolutely everything they can to keep those production lines going in some way or another.
I personally don't understand why they can't retrain those staff and build other things such as an EV charging station factory. But yeah, I guess they have little imagination or drive to actually solve the problem and instead play with stupid moonshot ideas like this.
The only thing they have left is a great reputation for building ICE cars. Not sure how long that will last though if this madness continues.