Motor

1400 GM job losses at Port Elizabeth plant as import model cut.

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An ‘imported vehicle line’ has been cut from General Motors South Africa’s model range as the Port Elizabeth-based company continues to cut costs, an exercise which has resulted in more than 1400 jobs lost.

Total losses = 1400

Motor

More Monday blues for hundreds of credit crunch victims.

Credit Crunch

Total losses = 2798

Education, Environment, Financial, Journalists, Law, Magazines, Motor

Ford to lay off 330 workers in Argentina.

ford

AutomotiveWorld.com reports,

Ford is laying off 330 workers in Argentina due to falling demand, reports Associated Press. According to Ricardo Pignanelli, head of Argentina’s automotive mechanics’ and workers’ union, the job cuts will take effect 1 May.

Ford’s Pacheco plant in Buenos Aires started operations in 1961 and currently builds the Focus and Ranger models.

Like many markets around the world, Argentina is suffering from falling demand. Sales fell more than 30% in February, with production down 55.7% year-on-year. Honda recently postponed the start of production at its first plant in Argentina to mid-2010.

Total losses = 330

Motor

Button and Barrichello show their Brawn and Branson, but 270 jobs will go.

brawngp

Despite BrawnGP finishing off a remarkable weekend, where their two drivers came 1st (Jenson Button) and 2nd (Rubens Barrichello) in the Australian Grand Prix and Virgin owner Richard Branson signed a sponsorship deal, chief executive Nick Fry (dickhead) announced 270 job losses at the team’s Brackley factory in England.

It’s very unfortunate that we’ve got to do that but it’s the change of technical regulations and obviously we are now a private team. We are about 700 people at the moment and we talked to the staff about going down to about 430.

Shame on you Mr Fry. You could have waited until Monday or Tuesday to announce to the world your bad news. You got to wonder what type of person gives bad news on the day when they (BrawnGP) have done so brilliantly well.

Total losses = 270

F1

2010 British International Motor Show Cancelled.

car_show_cancelled1

Organisers have cancelled the 2010 British International Motor Show because of the car industry downturn. It will be the first time the event has been called off since the Second World War.

Following a thorough consultation with the UK motor industry, the Society of Motor Manufacturers and Traders (SMMT) has taken the difficult decision to cancel the 2010 British International Motor Show.

Motor

Bentley slash 220 jobs from their Crewe plant.

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The 220 redundancies will be across the board and all departments will be affected and if that is not bad enough, the remaining employees’ pay will be reduced by 10% between April 1st and December 31st this year.

Job losses = 220

Motor

Nissan announces 20000 job cuts worldwide.

nissan-logo

Nissan has posted it’s first anual loss in over nine years and as a result 20000 jobs or 5% of it’s workforce will be lost. Most of the jobs will be lost  in Japan.

Job losses = 20000

Motor

Ford focus on 850 job losses.

Ford is to axe up to 850 jobs in the UK this after they announced that new car sales had slumped by more than 30% last month compared with January 2008.

They are hoping to make 500 voluntary redundancies at the Southampton plant which makes Transit vans.

Job Losses = 850

Motor

200 people given the Axeon!

axeon

The Dundee-based company said sales of its batteries to the handheld power tool market had suffered and it has cut the equivalent of more than 200 full-time jobs in the past five months. With the company also feeling the effects of slowing demand from the car industry, Axeon said it expected an operating loss of up to £3 million for the year

Job losses = 200

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DIY, Motor

Japanese glass maker NSG to cut 5800 jobs.

pilkington

Japanese glass maker NSG, which bought St Helens-based Pilkington in 2006, said its decision to cut 5800 jobs over the next year was a direct response to the global downturn.

Quoted from the Guardian.co.uk

The company said all three of its business units had been hurt by the credit crunch, with its automotive division taking the worst hit. It was also scaling back production of float glass – the process used to make large sheets of glass – removing the equivalent of two production lines in Europe and a 15% cut in capacity elsewhere.

Job losses = 5800

Motor

GKN to make 2800 people redundant (242 jobs) going in UK.

gkn_info

GKN in Great Britain has cut 242 jobs — 95 permanent staff and 147 temporary employees — from its four automotive plants in the West Midlands. The 2800 job cuts from its global workforce of 42000 are double the number it had predicted in October.

Job losses = 2800 (UK = 242)

Motor

Just another manic Monday.

manicmonday

If losing 3500 jobs from Corus was bad enough the following companies also announced job losses:

Over in the USA  a total of 48000 jobs were lost today, a lot of them from big named companies:

In Europe:

Electronics, Motor, Pharmaceutical, Retail

100 aerodynamics heads to go at Renault F1.

renault

Renault is in the process of restructuring and as a result are letting 100 people go through voluntary redundancies. (who wants to be fired? any volunteers?)

It has been suggested that the aerodynamics department will take the brunt of the cuts due to FIA cost cutting measures with regards to wind tunnel usage. That means what to the car? It’s performance last year was nothing to shout about, this will just mean disaster!

To think that F1 is a multi-million pound business and they pay their drivers millions of pounds in salary to drive a car around a track, the very least they should do is reduce their drivers salaries. Alonso alone could probably save those 100 heads by reducing his pay.

The question to ask – Do those 100 heads add up to £14 million a year in salaries? (Because that is what one driver is getting at the moment).

Job losses: 100

Motor

Bad news for at least 18 companies or 21000 jobs.

yvzvmr

Quoted from Bloomberg

Not a great Friday after news  that roughly 21000 jobs would be lost for at least 20 companies.

Job losses: +-21000

Original article By Oshrat Carmiel, ocarmiel1@bloomberg.net

Bad news, Banking, Engineering, Insurance, IT Sector, Mining, Motor, Radio, Retail

Mini factory loses 380 jobs.

mini

Quoted from the BBC

Oxford’s Mini plant has revealed that an extra 90 agency staff were told not to return to work after Christmas.
Last year BMW, which owns and operates the site, said 290 agency staff would go but the final figure is now 380.

The company has also said that fixed holidays are being brought in for employees in 2009 and the Friday late shift has also been scrapped.

Imagine being told when you must take your holiday! :-(

Job losses: 380

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Motor