Facing their first decline in automotive sales since 1995, auto juggernaut Toyota Motor Corporation may have to be forced to cut their North American payroll consisting of both white and blue collar workers which has not occurred in over 24 years for the company. One of Toyota's first steps was halting production at their Texas pickup truck factory for 15 weeks, which may lead to layoffs. “If we don’t see a rebound by the second half of next year, they’d probably have to consider layoffs" said Haig Stoddard, an analyst for IHS Global Insight Inc in Michigan. Toyota have also faced their first operating loss in 71 years of $1.7 billion dollars, due to a 13 percent drop in sales. Is it possible that the death of the Sequoia SUV and popular Tundra pickup truck are near? We shall see. Reported by Bloomberg.