Three carmakers to cut pay in North America 

Three Japanese carmakers have announced plans to cut pay to workers in North America, according to an article published in The Japan Times on April 9. Toyota Motor Corporation has announced that their North American unit will no longer be paying approximately 5,000 temporary employees that work at its quieter plants in the US and Canada. This announcement came a day after Honda Motor Company, Ltd. and Nissan Motor Co., Ltd. said they would temporarily stop paying all staff at their idled US plants.

Additionally, due to effects of Covid-19 and claims of weak demand, Toyota is extending the shutdown of its North American vehicle and parts factories for a third time. The three automakers are going to add almost 32,000 to the list of North Americans claiming unemployment benefits.

Related Content