The Great Japan Expansion: Why Search Giants Are Betting on Tokyo
Japan’s labor market is cracking under the weight of its own demographics. FY2024 saw over 10,000 bankruptcies, with over over 300 firms collapsing solely due to labor shortages and soaring personnel costs—the worst numbers in over a decade. The “2030 Problem” looms large, with the working-age population set to plunge, while traditional lifetime employment models and outdated seniority systems strangle mobility and innovation. Add in a deepening skills mismatch—millions in surplus clerical ro...