It’s still a sellers’ market in Japan for new graduates who will be looking for jobs next spring. But some major firms are planning to cut back on hiring, partly due to the introduction of AI.
Leading electronics firm Mitsubishi Electric aims to reduce the intake of new graduates by about 20 percent to around 750 people.
The company cites improved business efficiency due to AI and digitalization.
Central Japan Railway says it will lower recruiting by 30 percent to around 430 people.
And major machinery maker Kubota is looking at a cut of about 40 percent to 280.
The company says it has a sufficient number of employees due to active hiring over the past several years.
Kurita Takayoshi, a senior researcher at Indeed Recruit Partners, says some firms are cautiously hiring some new graduates.
He added, “Some companies are considering a balance between hiring new graduates and mid-career job seekers amid the rapid advancement in generative AI and other technologies.”
Kurita believes human resources in the future will be required to have the ability to set up their own challenges and verify them.
AloJapan.com