Saturday, Jan 17, 2009
extending the closure, with workers getting 50% of their pay.
Guardian: Honda to extend shut-down at Swindon plant
Honda said this morning it was halting production at its Swindon plant in April and May, extending the two-month closure announced before Christmas to four months.
Posted by troy @ 01:19 PM (499 views) Add Comment
4 Comments
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1. japanese uncle said...
And then another two months, and another, eventually to be fully closing down. Scary but cannot ruled out.
2. enuii said...
This story was posted yesterday and Honda said that there were no plans for redundancies with workers receiving full pay till the end of March and 65% for the next 2 months but will owe the time back to Honda when the plant reopens. As it_is_going_with_a_bang commented previously 'get paid 65% of your salary and then owe the 'time' back'; which means when and if production resumes the workers will be on reduced pay for a long time. Many of these workers will end up severely financially stretched for a long time to come, this will be bad news for Swindon all round.
3. Crunchy said...
Honda needs to slash prices now.
The cars parked will have to be sold even cheaper in three years time.
4. Crunchy said...
Passing the buck.
See nothing new to everything else, accept this one's more direct.
Slash the prices.