Mazda Motor Corp. is hiring new engineering employees as the carmaker places more effort on future products. Mazda’s latest recruitment plan for Japan entails nearly quadrupling the number of engineers it hires in the fiscal year ending March 31, 2016. The carmaker is aiming to hire 185 new engineers, up from the 50 expected to recruit in the current year.
Mazda will also triple the number of new recruits in administrative and clerical roles from 10 to 30. The Japanese carmaker is currently on course for record profit this fiscal year and is seeking to direct some of that fund into engineering for development of next generation of fuel-saving technologies.
While it is still rolling out its current line of Skyactiv engines, transmissions and chassis, its executives are already planning a so-called Skyactiv 2, which aims to squeeze more gains from the internal combustion engine to comply with increasingly stringent fuel economy regulations.
“Mazda is implementing its structural reform plan on a companywide basis in order to realize further growth,” Takeshi Fujiga, executive officer in charge of global human resources, said of the recruitment plan.
“The plan encompasses the expansion and evolution of Skyactiv models and the reinforcement of Mazda’s business and brand on a global scale.” Mazda finally now has more funds to spend into the Skyactiv project.
In the fiscal year ended March 31, 2013, Mazda posted its first net profit after four years of losses. It is now expecting its net income for the current fiscal year to more than double to EUR110 billion yen ($1.05 billion), topping the previous record of $872.5 million logged in the fiscal year that ended March 31, 2008. [source: automotive news - sub. required]