Honda taps buyouts for workers over 55 in shift to tech-savvy talent

Early retirement program expected to last beyond two years

20201102N Honda Acura concept

Honda is adapting to an industry increasingly reliant on cutting-edge technologies and software. (Photo courtesy of the company)

RYOSUKE HANADA, Nikkei staff writer

TOKYO -- Honda Motor will offer early retirement packages for the next few years, looking to make room for younger engineers skilled in electric cars and software as the automobile industry transforms rapidly.

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