Toyota Offers Retirement Incentives to 10 Percent of its Total U.S. Workforce

Sales of Toyota and Lexus vehicles are on the rise in the U.S. this year, with both companies being on the rebound after a catastrophic 2011. Yet the Japanese carmaker is offering retirement incentives to around 2,000 of its workers in the U.S.

This measure, which involves 10 percent of its employees in the States and is aimed at those who have worked 22 years or more for the company, is Toyota’s attempt to manage the aging of its workforce.

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