Thursday, March 12, 2009

Toyota cuts working hours and pay

Carmaker Toyota says that staff at its UK factories will have their pay and working hours cut by 10%.

The cuts will take effect on 1 April and will last for one year. They affect 4,500 staff at plants in Burnaston, Derby, and Deeside, Flintshire.

Toyota said the measures would allow the company to "maintain employment in this difficult period".

Car firms in the UK and elsewhere are cutting jobs and slashing production as the downturn hits car sales.

Cutbacks

The Unite union said that the cuts announced by Toyota would give their workers a measure of stability, although it said any decision to cut wages and working should not be taken lightly.

 

Read the full story at BBC News

 

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