03:05 PM EST, 01/13/2025 (MT Newswires) -- Toyota Motor ( TM ) has decided that North American salaried workers will return to the office Monday through Thursday, Bloomberg News reported Monday, citing an internal memo.

The mandate applies to all job levels at Toyota Motor North America and Toyota Financial Services, excluding specific roles, the media outlet reported. The requirement also applies to temporary and contingent staff and workers, and will be effective Sept. 2.

The policy reportedly excludes certain weeks, including weeks around July 4 and Labor Day.

Toyota ( TM ) states the move is not aimed at reducing headcount, but warns that non-compliance could lead to termination, according to the memo. The move comes after consulting with suppliers, dealers, and partners, the news outlet said.

Toyota ( TM ) did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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