Losses At Home Make Mazda Trim Workforce Abroad

After four years in the reds, Mazda is trimming its workforce. Mazda will cut a quarter of its sales management staff in Europe and the U.S., in the current fiscal, The Nikkei [sub] heard while checking up on a press release outlining organizational and personnel changes at the Hiroshima carmaker. With most of its production in Japan, Mazda takes the brunt of the high yen. Mazda is left with the decision whether to sell its cars at a loss, or make them uncompetitive. According to The Nikkei, Mazda will reduce U.S. staff by 20 percent to around 550 workers. In Europe, the staff of Mazda's German subsidiary will be cut by a third to just under 200 workers. No staff cuts are expected at home in Japan. Staff of the Tokyo and Osaka offices will be asked to move to Mazda's head office in Hiroshima, which usually involves some people leaving because they don't want to go.   from The Truth About Cars http://www.thetruthaboutcars.com

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