Layoffs will cost you in the long run, Iris chairman warns

Linda J. Dodson

TOKYO — Corporate Japan has acquired crisis management experience firsthand in recent years. Having lived through the earthquake, tsunami and Fukushima nuclear disaster of 2011, Chairman Kentaro Ohyama of consumer products maker Iris Ohyama is battle-tested. And the 74-year-old is convinced that laying off staffers for short-term relief will only […]