 |
| Predicting increase in demenad, Honda hired 500 new employees 2012 as part of a £237 million investment program |
Honda Europe announced today it will cut 800 jobs from its plant in Swindon, UK. The company informed the redundancies may be completed by the spring 2013.
Dave Hodgetts, Honda chief executive, said the cut follows a shrinking tendency in the whole European car industry that saw 1 million fewer cars sold last year by all makers mainly in Italy, Spain and Greece.
Last year the company hired 500 extra staff in a program that received a £267 million investment expecting an expansion that didn't happen.
Despite the gloomy news, Honda European vice president Ken Keir said the company still believes in the potential of its operations in the UK.
"Quite categorically, we have a future at Swindon and producing cars in Europe for Europe, regardless of this decision," he said.
Honda said it will try to avoid compulsory redundancies, but announced that about 300 contracts ending in the spring may not be renewed.
No comments:
Post a Comment