Honda to up re­tire­ment age amid ag­ing blues

China Daily (Canada) - - BUSINESS -

Hon­daMo­tor Co plans to shake up job terms next fis­cal year and lift its re­tire­ment age by five years to 65, making the car­maker one of Ja­pan Inc’s big­gest com­pa­nies to take ac­tion in cop­ing with the na­tion’s ag­ing de­mo­graph­ics. Other pro­posed changes, which will ap­ply to about 40,000 employees atHonda and five of its group com­pa­nies.

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