By Kae Inoue / Bloomberg
Tokyo: Toyota Motor Corp., the world’s second-largest automaker, will increase the number of domestic workforce 11% in fiscal 2008 as it plans to expand production and sales globally.
The carmaker will hire 3,508 people in the year starting April 2008, up from 3,163 in the year earlier period, the company said. This will be the third year since 1991 that hiring will surpass 3,000 people, the company said.
Toyota, which may surpass General Motors Corp. as the world’s biggest automaker said last month that it will open its eighth North American vehicle assembly factory to meet soaring US demand. The automaker will also open a factory in Canada and Russia to meet its target of selling 9.8 million vehicles in 2008.
The company is hiring 21% more technicians to boost support for overseas factories, adjust production at home and abroad and improve its quality control.
The 3,508 new hires are full-time employees, including college graduates, mid-career employees and foreign workers who will work in Japan, Toyota said. Toyota had 65,798 employees in Japan as on March 2006. Toyota hired more than 4,000 workers a year during 1989, 1990 and 1991. It cut back after the economy slumped.