Toyota Buyouts 'Not a Surprise'

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By
Muhammed El-Hasan
on February 2, 2011 9:41 AM | | Comments (0) |

Regarding news of Toyota offering buyouts to 629 managers in Torrance, here's an analyst's perspective:

"Not a surprise as companies realign to become more competitive. Most manufacturers have been doing this for the past few years. Most call it right sizing. Everyone is trying to improve their efficiency and that includes Toyota."


-- David E. Cole
Chairman Emeritus
Center for Automotive Research
Ann Arbor, Mich.

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This page contains a single entry by Muhammed El-Hasan published on February 2, 2011 9:41 AM.

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About Biz Waves

Biz Waves is a one-stop Web hub for business news and content from the South Bay region of Los Angeles County and beyond.

The primary contributor is:

Muhammed El-Hasan, a business reporter at the Daily Breeze since 2000, covers aerospace and everything else about business in the South Bay. Muhammed previously reported at the San Bernardino Sun and the community news division of The Orange County Register. He also worked as a researcher in the Jerusalem bureau of the Los Angeles Times in 1996-97. But his career highlight as a young man was driving a forklift at a Gardena company near Hawthorne, where he grew up.

You can email Muhammed at muhammad.el-hasan@dailybreeze.com

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