Adelaide Holden Plant Slashes 170 Workers
By Esther Tanquintic-Misa | November 2, 2012 6:11 PM EST
The latest job cuts comes after the company in February axed 200 jobs, and after it received a $275 million taxpayer-funded bailout six months ago, which according to State Opposition spokesman for Industry Steven Marshall, was a "failure."
"This latest adjustment is necessary in order to continue our plan to sustain auto manufacturing in Australia for the long-term and the implementation of GM's plan to build two new models in Australia through until 2022," the company said in a statement on Friday.
"Situations like this are always difficult and this decision has not been made lightly."
"We will work together with employees and representatives to ensure that people are able to make informed decisions about their future.
The job cuts would be channeled through voluntary redundancies, the company said.
"We fully anticipate all separations will be voluntary. They will be done in line with our EBA conditions," Holden spokesman Craig Cheetham told News Limited.
"Every effort has been taken to avoid this decision, including the use of market response days. However current new car demand necessitates a reduction to permanent employees," the company statement said.
The 170 job cuts will bring its Adelaide workforce to below 2,100.
Holden likewise pointed out the jobs cuts are not in anyway related to the closure of car-parts manufacturer Autodom. On Thursday, Autodom announced it is closing a plant in Adelaide and two in Victoria, leaving 400 without jobs.
To contact the editor, e-mail:
Most Popular Slideshows
- NFL MNF: Pittsburgh Steelers 30, Houston Texans 23 [PHOTOS]
- 2014 MLB World Series Game 1: San Francisco Giants 7, Kansas City Royals 1 [PHOTOS]
- 2014 MLB World Series - Game 2: Kansas City Royals 7, San Francisco Giants 2 [PHOTOS]
- NFL Thursday Recap - Denver Broncos 35, San Diego Chargers 21: Peyton Manning Has 3 TDs In Easy Win [PHOTOS]
Join the Conversation
- Economic Growth In US And Sub-Saharan Africa Allay 2015 Recession Fears
- Travel Alert: Over 200 Canadians Infected with Mosquito-Borne Chikungunya Virus
- Canadian Ebola Drug: Tekmira Firm Starts Limited Manufacturing of Vaccine, Available By December; Shares Up
- US Dedicates 5 Airports for Travellers From Ebola-Stricken Nations, Lawmakers Want Travel Ban
- WHO Races to Release Ebola Serum in 2 Weeks, Vaccines in January
- Xiaomi Redmi 1S vs. Sharp Aquos Crystal – Specifications, Features And Price Showdown
- ASUS Releases A Teaser Indicating The Arrival of New Zenfone and ZenWatch On October 28
- Boy Stoned To Death For Alleged Rape, Victim Receives Dowry From Militants
- Three Dual SIM Samsung Galaxy Note 4 Duos Variants Comes To China
- Russia is Creating Underwater Combat Robots to Protect its Arctic Territories
- ‘Lone Wolf’ Attack on Canada Parliament Hill Could be ISIS-Related
- Android Lollipop 5.0 Confirmed for Nov 3 Rollout as Nexus 6 Global Release Date is Delayed – Reports