Thursday, December 18, 2008

Canon to Lay Off 1,200 - In Japan

Camera's are Canon's "sweet-spot", right?

Reports say Canon is laying off 1,200 "contract" workers - workers that are not on the company payroll but get pay through accounts payable, on a temporary contract.

At first blush, this does not seem as bad as laying off employees of the company - it is similar to firing your pool guy.

But - Canon has been changing employment structures for years. Today, every third Japanese employee is on a temporary contract.

Japanese efficiency.

Posted at The Earth Times

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