InsideJapan News Network
Friday,
29th
January
2010
In Business In Japan,
In Business In Japan,
Toyota announces job cuts
Japanese car manufacturer Toyota has announced it is to cut jobs in its UK operations.
As many as 750 jobs at a plant in Derbyshire could be cut as the world's biggest vehicle maker continues to struggle with the ongoing impact of the economic downturn. The recession in Japan and volatile global economic climate have seen demand for high-value products such as cars plummet over the past year.
Toyota currently has 4,000 workers in the UK, with the majority of these - 3,500 - based at the operations in Derbyshire and the rest in North Wales.
The job cuts are part of a restructuring and change of focus at the Derbyshire plant, which will see the factory change to a single line operation. Cars currently made at this factory include the Auris and Avensis.
The news follows an announcement by Toyota that eight of its US models are to be recalled over safety fears to do with potentially faulty accelerator pedals.
Written by Kimberley Homer.
Related news stories:
Toyota to enter Japan's small car market (29th September 2010)
Toyota comes under further recall criticism (21st May 2010)
Toyota shareholders sue troubled firm (22nd March 2010)
Toyota boss faces workforce in Japan (5th March 2010)
As many as 750 jobs at a plant in Derbyshire could be cut as the world's biggest vehicle maker continues to struggle with the ongoing impact of the economic downturn. The recession in Japan and volatile global economic climate have seen demand for high-value products such as cars plummet over the past year.
Toyota currently has 4,000 workers in the UK, with the majority of these - 3,500 - based at the operations in Derbyshire and the rest in North Wales.
The job cuts are part of a restructuring and change of focus at the Derbyshire plant, which will see the factory change to a single line operation. Cars currently made at this factory include the Auris and Avensis.
The news follows an announcement by Toyota that eight of its US models are to be recalled over safety fears to do with potentially faulty accelerator pedals.
Written by Kimberley Homer.
Related news stories:
Toyota to enter Japan's small car market (29th September 2010)
Toyota comes under further recall criticism (21st May 2010)
Toyota shareholders sue troubled firm (22nd March 2010)
Toyota boss faces workforce in Japan (5th March 2010)
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