Over 2,000 Honda staff apply for early retirement amid EV shift
That represents 5% of domestic workers as combustion engines lose favor
As Honda moves toward electrification, it is also retiring some of its older staff in favor of younger workers more in tune with new technologies.
TOKYO -- Over 2,000 employees at Honda Motor applied for early retirement, Nikkei learned Thursday, as the Japanese automaker restructures its workforce to gear up to make more electric vehicles.
Honda's move is the latest in the trend among automakers to move away from the production and sales of internal combustion engines.
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