Despite the impressive growth and revenue in 2008, BMW AG is cutting 850 jobs at its MINI plant in Oxford. In 2008, MINI manufactured 235, 000 at the plant, but the sales had slumped 34.5% percent in January.
The plant will now operate only 5 days a week and as expected, the decision was received with a lot of criticism.
“It is tough enough for workers in those car companies who have seen their market collapse in recent months, but BMW makes a top-selling product in the Mini and owed it to their staff to treat them better,” said Unite Joint General Secretary Tony Woodley in a statement.
BMW/MINI is not the only company cutting jobs in the UK, major car makers including Nissan, Ford, Jaguar Land Rover and Aston Martin have also announced over 3,000 job cuts in recent months out of the 800,000 auto workers.
British government is also putting together a loan to bail out the car industry, somewhere around $3.3 billion dollars.
[Source: Reuters ]
2 Responses to “850 jobs to go at MINI”
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“It is tough enough for workers in those car companies who have seen their market collapse in recent months, but BMW makes a top-selling product in the Mini and owed it to their staff to treat them better,” said Unite Joint General Secretary Tony Woodley in a statement.
Thats a bit of a short sighted, selfcentered thing to say. Would he prefere Mini management to keeping everybody on board, only to close the doors to the company permenantly a few months later? I’m no business minded person, but some things are black and white. Business most of all. If supply outstrips demand… need I say more?
It’s a shame how they handled the notification. They gave the employees 1 hour notice before telling them to get out… If you’re gonna “restructure” you should at least let your employees know in advance and ease them through the transition.