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Further jobs fears at Bosch plant | Further jobs fears at Bosch plant |
(about 9 hours later) | |
Further job losses are feared at a Bosch car parts factory after figures showed sales fell 45% in the past year. | |
The 900 workers at Miskin, Rhondda Cynon Taf, have been told redundancies are likely and closure has not been ruled out if demand continues to drop. | |
Last year, 600 contracted and agency staff were laid off at the plant. | Last year, 600 contracted and agency staff were laid off at the plant. |
Bosch, which has made alternators at the plant near Llantrisant since 1991, is seen as a jewel in the Welsh automotive industry. | |
Workers make alternators, electrical generating devices, for luxury cars, but the company says the bottom has fallen out of the market. | |
Sales have dropped 45% this year and are predicted to drop 65% in 2010.. | Sales have dropped 45% this year and are predicted to drop 65% in 2010.. |
A number of outcomes will now be discussed with staff. The firm admits that redundancies are the most likely. | A number of outcomes will now be discussed with staff. The firm admits that redundancies are the most likely. |
Managers held meetings with the staff council on Thursday night to outline what they described as "months of difficulty" for the plant. | Managers held meetings with the staff council on Thursday night to outline what they described as "months of difficulty" for the plant. |
The company issued a statement after managers held talks with staff on the night shift. | |
'Ravages' | 'Ravages' |
It said managers would have to establish whether they would be "forced to enter into consultations on further employment risks". | It said managers would have to establish whether they would be "forced to enter into consultations on further employment risks". |
The statement added: "This comes after months of difficulty for the plant and in recent years, generator production in the Cardiff plant has failed to meet its financial targets." | The statement added: "This comes after months of difficulty for the plant and in recent years, generator production in the Cardiff plant has failed to meet its financial targets." |
Chris Franks, a Plaid Cymru AM for South Wales Central, said the news was "very worrying". | |
He said: "Unlike previous recessions in the 1980s and 1990s when Wales was defenceless, we have a Welsh assembly and a government that will not sacrifice our own people as we fight the ravages of the world's financial crisis. | He said: "Unlike previous recessions in the 1980s and 1990s when Wales was defenceless, we have a Welsh assembly and a government that will not sacrifice our own people as we fight the ravages of the world's financial crisis. |
"I have written to local councils to ask them to give this a top priority." | "I have written to local councils to ask them to give this a top priority." |