Tech & Biz

Honda to cut 3,100 jobs, shut down UK plant for 4 months

by Dave Keating | January 16, 2009 at 03:54 am

359 views | 7 Recommendations | 4 comments

Honda announced today it is cutting jobs at home in Japan. It is also temporarily closing plants abroad. A plant in the UK will be shut for several months, the company announced today.. A slump in demand for automobiles as a result of the economic climate is to blame.

Japan's Honda Motor Co. said it was cutting more than 3,000 jobs at home and reducing domestic production because of a slump in demand due to the economic downturn.

The country's number two automaker will reduce its output by 56,000 vehicles for the rest of the financial year to March, lowering domestic production to 1.168 million vehicles, down 10 percent from the previous year.

Honda said it would not renew contracts with 3,100 temporary workers in Japan by the end of April.

The latest cutbacks are in response to "a rapid change in the global market environment," the company said in a statement.

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Melcoman

at 10:32 on January 16th, 2009

The Honda S2000 exposed at the International Saloon of the Automovile in Madrid.

Melcoman has contributed a photo to this story.

tmzkl

at 10:52 on January 16th, 2009

There's a Tuned Honda Civic in Viña del Mar, Chile

tmzkl has contributed a photo to this story.

Edmund Jenks

at 12:52 on January 16th, 2009

Good Post - Please TAG with -

motorsports

Photos and other digital material will show on the Motorsports Feature Page, thanks

pentlandpirate

at 12:56 on January 16th, 2009

Don't worry Honda: With two Honda Accords having carried me the last 275,000 km, I'm about to buy my 3rd Accord! Pictured, the grime of winter roads. 5000 km in two weeks of fast driving left go faster stripes of salt and roadway detritus. But the Accords never miss a beat. OK I lie. This one has needed one number plate and one sidelight bulb in the last 130,000km. Nothing......NOTHING else has gone wrong.

pentlandpirate has contributed a photo to this story.