Sunday, October 24, 2010

IHRM update w.r.t. Toyota

Toyota Chief Meets Japan Employees

TOYOTA CITY, Japan—Toyota Motor Corp. President Akio Toyoda met Friday with the company's employees in Japan for the first time since widespread quality concerns led to the recall of millions of vehicles worldwide in recent months.
"We should be able to overcome these challenges by working together," Mr. Toyoda told a meeting of about 2,000 managers at company headquarters in Toyota City in Aichi Prefecture, central Japan. The meeting was viewed by about 7,000 other workers on monitors at their factories and offices.
The remarks were aimed at boosting employee morale at a time when Toyota's reputation for quality has been badly tarnished by the recall and the company has been criticized for its slow response to safety concerns.
The meeting was also open to several media organizations in an effort to show how the company aims to win customers back.
"It is important now to reassure [customers] that Toyota vehicles are safe," Mr. Toyoda said.
The meeting followed Mr. Toyoda's visits to the company's facilities in the U.S. and China. In the U.S., Toyoda met dealers and workers after testifying at a congressional hearing there last week. In China this week, he held a press briefing and met Minister of Commerce Chen Deming.
The company's employees invited Mr. Toyoda and other four executives who had attended the U.S. congressional hearing—including Yoshimi Inaba, chief of Toyota's North America operations, and Jim Lentz, president of U.S. sales—to the meeting. Representatives of Toyota dealers and suppliers were also invited.
During his speech, Mr. Toyoda, grandson of the company's founder, seemed to choke up briefly when he said he felt strong support from the company's employees during his visit to the U.S.
"I thought I needed to look after our employees, but I realized I was being looked after by them," he said.
Other executives also expressed their determination to confront the difficulties facing Toyota.
"The turnout of our members and our workers [at the hearings] strengthened all of us," Mr. Lentz said, adding that more than one million vehicles have been repaired in the U.S. as part of the company's six million-vehicle recall
But Mr. Inaba said that the company hasn't yet completely dispelled concerns over the quality of its vehicles. "Staff in development, production and sales should all come together globally to make Toyota better and stronger," he said.
Takeshi Uchiyamada, executive vice president in charge of developing the first generation Prius, said the company will gather information from dealers, the National Highway Traffic Safety Administration and consumers in order to respond more quickly to any quality concerns.
After the meeting, Hideki Watanabe, a 51-year old Lexus engineer, told reporters that he felt confused when the quality issues occurred. "But now we know what we have to do, I'm not so worried," he said.

Toyota cuts 600 contract workers in Japan as production slows

August 2010
A recent report out of Japan had Toyota preparing to cut domestic vehicle production by up to 20 percent in the fourth quarter of 2010. Why? Sales of hybrids and other fuel efficient vehicles are expected to drop following the expiration of tax incentives on those vehicles. Now comes word that Toyota has eliminated 600 jobs at its Japanese plants in preparation for the production slow down.

Toyota has not veered from its traditional policy of not laying off regular employees. The latest cuts are coming from the ranks of the temporary contract workers that it employs for terms of less than three years. At the end of its last fiscal year, Toyota had 2,400 contract workers in Japan. Contract employees are occasionally promoted to full-time status, but that seems rather unlikely in this case given the production cuts.

News(18oct to 24 oct)

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Friday, October 22, 2010

Toyota latest update- Toyota to recruit 1,200 employees in FY 2010

Toyota to recruit 1,200 employees in FY 2010

 
NAGOYA: Toyota Motor Corp said it plans to recruit 1,200 people for the 2010 business year starting in April, but will not hire clerical staff due to uncertain economic conditions.

The figure represents a drop of more than 12% from fiscal 2009, when Toyota recruited 1,376 people including clerical staff.

The planned recruitment is comparable with the level seen in fiscal 1994 after the collapse of the bubble economy, although conditions differ slightly each year depending on recruitment of mid-career employees.

The Japanese auto giant is expecting to return to profit in the current financial year ending in March after logging a huge loss in the previous year, but it plans to stem personnel costs in the face of declining sales amid massive global recalls of its vehicles.

The conservative recruitment plan of one of Japan's largest manufacturers could impact other companies and exacerbate the already adverse conditions in the domestic job market.

In fiscal 2009, Toyota recruited 143 clerical personnel, mainly graduates of two-year universities and professional school courses.

For the next fiscal year, it is planning to hire a total of 460 administrative and engineering staff, falling below the 516 people recruited in fiscal 2009.

It will recruit 240 people to enroll at a Toyota training academy for technical skills, topping the 213 people enrolled in fiscal 2009.

Read more:
Toyota to recruit 1,200 employees in FY 2010 - The Times of India http://timesofindia.indiatimes.com/business/international-business/Toyota-to-recruit-1200-employees-in-FY-2010/articleshow/5671044.cms#ixzz12Rtsd4LP

Sunday, October 10, 2010