Aston Martin Rapide
Aston Martin Rapide
28 January 2009, 02:56 PM
#3
Very well put.
Did I hear correctly on the news last night, that for every person laid off in the motor industry this effects 3-4 jobs in the bigger employment picture?
From bbc.co.uk/business
Three-day week for Aston Martin
Aston Martin said the move was temporary
Luxury car maker Aston Martin has put all its production line staff on a three-day week as it struggles to cope with the downturn in the car industry.
The company, based in Gaydon, Warwickshire, said the new Monday to Wednesday shift pattern was temporary and affected just under 600 staff.
The employees' hours will be "banked" and claimed back by the firm later.
The firm, which announced 600 redundancies in December, said it had consulted unions over the move.
Three hundred staff have already left and it is in the final stages of consultation over the remaining 300.
It will employ 1,250 staff at Gaydon following the planned redundancies.
A spokesman said: "Like other premium car brands, Aston Martin has been forced to take action to respond to the unprecedented downturn in the global economy.
"Following detailed consultation with our trade union partners we have agreed further measures to help manage our way through this challenging period, while minimising the impact on our employees as much as possible."
The move comes as the government announced a potential £2.3bn tax payer bailout for the industry, which has been badly hit by the recession.
Did I hear correctly on the news last night, that for every person laid off in the motor industry this effects 3-4 jobs in the bigger employment picture?
From bbc.co.uk/business
Three-day week for Aston Martin
Aston Martin said the move was temporary
Luxury car maker Aston Martin has put all its production line staff on a three-day week as it struggles to cope with the downturn in the car industry.
The company, based in Gaydon, Warwickshire, said the new Monday to Wednesday shift pattern was temporary and affected just under 600 staff.
The employees' hours will be "banked" and claimed back by the firm later.
The firm, which announced 600 redundancies in December, said it had consulted unions over the move.
Three hundred staff have already left and it is in the final stages of consultation over the remaining 300.
It will employ 1,250 staff at Gaydon following the planned redundancies.
A spokesman said: "Like other premium car brands, Aston Martin has been forced to take action to respond to the unprecedented downturn in the global economy.
"Following detailed consultation with our trade union partners we have agreed further measures to help manage our way through this challenging period, while minimising the impact on our employees as much as possible."
The move comes as the government announced a potential £2.3bn tax payer bailout for the industry, which has been badly hit by the recession.
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iain atkins
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28 March 2001 06:56 PM