Isuzu Motors Ltd. says 4,260 employees applied for early retirement, about 15% more than it had planned would take the deal. Isuzu says it will retire most of the applicants at the end of October, but the higher-than-expected number of employees involved will not cause the auto maker to change its earnings forecast for the fiscal year ending in March. In August, Isuzu announced it would speed up job cuts by offering 3,700 workers early retirement until March as part of a bailout deal by ...
Premium Content (PAID Subscription Required)
"Isuzu Early Retirement Program Draws More Than Targeted" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.