Layoffs will cost you in the long run, Iris chairman warns

Veteran executive confident that employers protective of workers will reap rewards

20200424N ohyama kentaro and employees

Companies must make use of all government subsidies and find a way to keep its staff, Iris Ohyama Chairman Kentaro Ohyama said.

SUSUMU MURAMATSU, Nikkei deputy editor

TOKYO -- Corporate Japan has acquired crisis management experience firsthand in recent years. Having lived through the earthquake, tsunami and Fukushima nuclear disaster of 2011, Chairman Kentaro Ohyama of consumer products maker Iris Ohyama is battle-tested.

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