Japan’s move to end ‘death by overwork’ will drag economic growth: Deutsche Bank
Pre-reading questions: What do you think about working time? What do you do during your free time? Deutsche Bank says that reducing overtime work could affect Japanese economic growth. Laborious industries are said to suffer the most due to manpower shortage. Reducing overtime was deemed as a solution to reduce cases of “karoshi” or death by overwork. Deutsche Bank expect companies to limit overime to avoid negative publicity. However, this move is directly proportional to profits as decreasing overtime work will also decrease profits and sales. The pursuit to cut extended working hours was strengthened after the suicide of an advertising firm employee who rendered more than 100…
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