Note: The sum of land sales, sale of JR stock and burden of the nation is the initial forecast.
(2) Re-employment of Redundant Employees
In 1986 (the year before privatization), the JNR labor force consisted of 277,000 employees. This number had to be reduced by 30% to about 201,000 persons which were considered necessary to operate the new JR firms. As a result, about 76,000 workers were made redundant.
About 53,000 out of these 76,000 workers retired voluntarily. The remainder were employed by JNRSC, which provided vocational training and job referral services for three years (1987 - 90). By the end of this period, most of these workers had successfully found new employment.
Re-employment of JNR employees
(as of April 1, 1987)
(3) Management Stabilization Measures
The newly born JR companies displayed major differences in the structure of their incomes and expenditures. Specifically, JR East, whose area of operations included Tokyo, JR
