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> The first thing we should note is that Japanese companies do a lot of things differently from Western companies.

> The most important of these, by far, is lifetime employment

That ship has sailed. The most favorable accounts[0] put it around 30~40% of the workforce at most, other accounts pronounce it dead. There can be pockets of exceptions, but the bigger companies still afloat aren't shielded from that reality.

[0] https://eprints.whiterose.ac.uk/id/eprint/43581/1/matanlemat...



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