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Toyota set to merge sales, marketing, finance and corporate operations

Toyota set to merge sales, marketing, finance and corporate operations

LOS ANGELES: Toyota prepares to merge sales, marketing, finance and corporate operations into a new North American headquarters near Dallas over the next few years.

Toyota, known for a corporate culture that encourages salaried employees to consider their jobs lifelong careers, is offering what many call a generous lump sum as an incentive to workers who agree to make the move and stay in Plano, Texas, for two years.

It’s struggle with a tricky set of challenges including hang on to enough of its employees to ensure a smooth transition, realigning job functions across various divisions and keeping up morale as fretful workers await word on their new job descriptions and pay scales.