Japanese workers shifting to start-ups for better opportunities

Financial Times November 19, 2023, 06:00 AM UTC

Summary: In 2021, Japanese corporate culture saw a significant shift as younger workers left large companies for start-ups. By the end of 2021, over 20% of job transitions were to start-ups, compared to 8% in 2018. Start-ups offer higher salaries and opportunities for rapid advancement, challenging traditional companies. Government support and a tight labor market contribute to this trend. Start-ups are redefining work environments and attracting top talent, prompting a cultural shift in Japan's business landscape.

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