Essay Plan for Lifetime Employment

Mitsuko is a large Japanese electronics company that has been established for 40 years. It is a member of both a horizontal and a vertical keiretsu .The company is considering getting rid of its lifetime employment and seniority pay system.
What would you advise Mitsuko to do with regards to its policy of providing lifetime employment and seniority pay
"It does not make sense for a Japanese employer to offer recruits, in the twenty first century, the promise of permanent employment and payment by seniority." …