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September 9, 2009
TOKYO - Toyota Motor Corp. said it will recruit about 800 temporary workers in October in Japan to coincide with a recovery in once-stagnant auto sales.
The move marks the auto maker's first new hiring, other than graduates, in 16 months.
It also underlines the effect of the ongoing pickup in auto sales in key markets fueled by tax breaks and subsidies to spur demand.
The world's biggest car maker by sales reduced its domestic temporary production staff by two-thirds in the last fiscal year as it cut production in response to the economic crisis.
The latest hiring represents 0.2% of Toyota's total workforce of around 320,800 employees.
Following last week's news of its first domestic sales increase in 13 months in August, taking on new staff is the latest sign that the worst has passed for Toyota.
The firm aims to return to profitability in the next fiscal year following a projected 450 billion yen ($4.84 billion) net loss for the year to March 2010.
Toyota follows Mitsubishi Motor Corp. in resuming recruitment for domestic production, in a country where the unemployment rate hit a record high of 5.7% in July. Mitsubishi plans to hire 650 temporary workers this fiscal year, representing 2% of its staff of around 31,900.
Toyota is idling production lines to cut costs and address its excessive capacity, but it has decided to recruit production staff to meet demand for its Prius hybrid, whose Japan sales have benefited from government incentives to buy fuel-economy cars.
The third-generation Prius launched May 18 in Japan attracted 250,000 orders in Japan by the end of July -- 25 times its monthly sales target of 10,000.
Most of the 800 recruits will work on producing Prius components, such as the motor and engine, a Toyota spokesman said.
Toyota reduced its number of domestic temporary workers to 3,000 by the end of March 2009 from 9,000 a year earlier. By the end of last month, it had taken the number down to 1,300, the Toyota spokesman said.
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