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Realistbear

More Massive Job Losses In Pipeline In Car Industry

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http://iccheshireonline.icnetwork.co.uk/01...-name_page.html

Car workers' job cuts fearJun 9 2006

By Neil Hodgson, Liverpool Echo

FEARS of more car industry job losses have risen at components maker Visteon, which has a Halewood operation.
The instrument panel manufacturer supplies the nearby Jaguar plant.
Unions rejected a plan to change its pension, freeze wages and shrink operations to avoid the prospect of bankruptcy.
Visteon UK managing director Steve Gawne has now told workers in a letter that the company plan was "the only way to achieve a viable Visteon UK business."
The company employs about 3,000 staff at four UK sites including Hale-wood's Boulevard Industry Park. Visteon refused to reveal how many staff work there.

With the continuing trend of job losses in retail and manufacturing the VIs cannot, in all honesty, claim that strong employment trends are underpinning HPI.

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A factory closure was announced yesterday in Llanelli - car components I understand - Llanelli is experiencing something of a jobs massacre at the moment - think it was around 300 jobs in Llanelli - and yet another factory is apparently verging on closure in the same town.

G

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Llanelli is experiencing something of a jobs massacre at the moment

It's lucky that houses are cheap in Wales.

Oh, hang on...

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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