Global Economy European Automakers to Cut 50,000 Jobs in 2024 Amid EV Overproduction Crisis
European carmakers plan to lay off 50,000 employees in 2024 as EV overproduction due to reduced EU support impacts the industry.
economy
Global Economy 
Enterprise Itochu Considers Participation in Seven & i Holdings Acquisition Plan
Itochu is considering joining the Seven & i Holdings acquisition plan at the request of the founding family, focusing on synergy with FamilyMart and Seven-Eleven.
Enterprise Japan Targets “Suicide Sales” with New Anti-Power Harassment Guidelines
The Ministry of Health is tackling "suicide sales," where employees are forced to buy company products, labeling it power harassment.
Global Economy China’s Economy Worsens, US-China Tensions Rise Amid Global Challenges
China’s economic decline deepens as citizens reject government policies. The US, under Trump, may intensify its tough stance on China.
Enterprise Bosch to Cut 5,500 Jobs by 2032 Due to EV Slump and Declining Demand
Bosch announces plans to cut 5,500 jobs worldwide by 2032, citing sluggish EV sales and low demand, with most cuts affecting German employees.
Enterprise Mercari Seller Defrauded After Return, Sparks Complaints Over Support
A Mercari seller was defrauded after agreeing to a return, leading to complaints about insufficient support. Mercari is considering changes.
Enterprise Toyota Hybrids Dominate Paris Taxis, Highlighting Challenges for European EVs
At the Paris Motor Show, Akira Yamazaki noted 80% of Paris taxis are Toyota hybrids, signaling hurdles for European EV makers.
Enterprise Sagami Railway Conductor Video Sparks Controversy Over Overtime and Staffing
A video showcasing a female Sagami Railway conductor highlights concerns over chronic understaffing and excessive overtime, sparking heated comments online.
Japanese economy October Consumer Price Index Rises 2.3%, Rice Prices Soar Nearly 60%
Japan's October Consumer Price Index rose 2.3% year-on-year, driven by nearly 60% hikes in rice prices, according to government data.
Enterprise Year-End Parties Shift to Open Participation, Struggling with Low Turnout
Open-participation year-end parties are trending, but many lack attendees. Restaurants report fewer bookings than usual this season.
Japanese economy Edible Cricket Company Grillas Files for Bankruptcy After School Lunch Criticism
Grillas, a Tokushima-based edible cricket company, filed for bankruptcy after criticism over serving cricket powder in school lunches.
Japanese economy Tokyo Condo Prices Rise 40.7% in October, 23 Wards See 48.6% Increase
The average price of newly built condominiums in the Tokyo area rose 40.7% in October, with Tokyo's 23 wards seeing a 48.6% increase year-on-year.