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South Marston Honda: Job cut targets achieved | South Marston Honda: Job cut targets achieved |
(about 5 hours later) | |
Car maker Honda's target of cutting hundreds of jobs at its Swindon plant has been achieved, mainly through voluntary redundancy, the company said. | |
Management originally announced 800 job losses at its South Marston factory in January following poor sales in Europe. | |
Company figures show there has been 38 compulsory and 554 voluntary redundancies. | |
Director Kim Ballamy said the firm had worked hard to "minimise the impact on associates and their families". | Director Kim Ballamy said the firm had worked hard to "minimise the impact on associates and their families". |
It was also announced that a further 188 vacant roles would no longer be required as a result of restructuring. | It was also announced that a further 188 vacant roles would no longer be required as a result of restructuring. |
'Good outcome' | 'Good outcome' |
Mr Ballamy said the company had been working hard with "associate representatives, individuals and trade unions". | Mr Ballamy said the company had been working hard with "associate representatives, individuals and trade unions". |
"It's always difficult to lose good people. However, I believe this is a good outcome given the challenge we faced." | "It's always difficult to lose good people. However, I believe this is a good outcome given the challenge we faced." |
About 3,000 workers are based at the plant, building the Civic, Jazz and CR-V for the UK and European markets. | About 3,000 workers are based at the plant, building the Civic, Jazz and CR-V for the UK and European markets. |
The firm, which started making cars in Swindon in 1992, has blamed falling sales across Europe for the drop in demand. | The firm, which started making cars in Swindon in 1992, has blamed falling sales across Europe for the drop in demand. |
It built 166,000 cars in 2012, when capacity is 250,000. | |
"In the markets, we do expect Europe to remain tough for a least another two years," added Mr Bellamy. | "In the markets, we do expect Europe to remain tough for a least another two years," added Mr Bellamy. |
"By taking these actions we are ensuring Honda in Swindon is structured and manned to meet the challenging period ahead." | "By taking these actions we are ensuring Honda in Swindon is structured and manned to meet the challenging period ahead." |