In this post: Japan’s Digital Transformation Minister Tarō Kōno recently announced the need for drastic reforms in the country’s labor market. Political journalist Kazuhiro Aoyama called the plan “important” but “bloody” in an interview with Kono. Kono’s call for “discipline” has resulted in backlash on Japanese social media. TOKYO . Minister for Digital Transformation and member of Japan’s Liberal Democratic Party (LDP), Tarō Kōno, has called for austerity in the labor market amid challenging inflation. The politician’s potential move into the role of Prime Minister at the end of this month spotlights his controversial plan to close “inefficient” businesses. Digital Transformation Minister and political “maverick” Taro Kono has called for the closure of unprofitable Japanese businesses in an interview aired live on Sunday, Sept. 1 (JST) with ABEMA News Show. Political journalist Kazuhiro Aoyama challenged the Prime Ministerial hopeful Kono in the interview , emphasizing: “This is a big reform for the Liberal Democratic Party, which has always focused on protecting small and medium-sized businesses. I imagine there will be strong opposition from within the party, but are you prepared for it?” Kono argues for closure of ‘inefficient’ Japanese companies Kono noted that due to Japan’s inflationary problems, fiscal […]
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