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Third of jobs go at Aston Martin | Third of jobs go at Aston Martin |
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Luxury car maker Aston Martin has announced it is cutting 300 full-time and 300 temporary jobs. | Luxury car maker Aston Martin has announced it is cutting 300 full-time and 300 temporary jobs. |
The firm, which employs 1,850 people, blamed the decision on falling sales caused by the economic downturn. | The firm, which employs 1,850 people, blamed the decision on falling sales caused by the economic downturn. |
The company announced last week it would extend its Christmas break at its plant in Gaydon, Warwickshire, by two weeks until 19 January. | The company announced last week it would extend its Christmas break at its plant in Gaydon, Warwickshire, by two weeks until 19 January. |
The union Unite said it was "devastating news" for the workers, especially so close to Christmas. | The union Unite said it was "devastating news" for the workers, especially so close to Christmas. |
We remain confident that the Aston Martin brand is the strongest it has ever been Ulrich Bez, chief executive, Aston Martin class="" href="/1/hi/business/7404568.stm">Luxury car firms face challenges class="" href="/1/hi/business/7126796.stm">Aston to unveil new design centre | |
"In the current climate, this is not surprising but we are extremely disappointed that Aston Martin have announced 600 job cuts," its national officer Dave Osborne said. | |
'Necessary measures' | 'Necessary measures' |
"This is devastating news for our members who have made major contributions to the Aston Martin brand. They now face a bleak Christmas. | "This is devastating news for our members who have made major contributions to the Aston Martin brand. They now face a bleak Christmas. |
"Unite will be working to maximise voluntary redundancies and we will vigorously oppose compulsory job cuts." | "Unite will be working to maximise voluntary redundancies and we will vigorously oppose compulsory job cuts." |
Aston Martin said it had been consulting with the trade unions. | Aston Martin said it had been consulting with the trade unions. |
"Like other premium car brands, Aston Martin has been forced to take action to respond to the unprecedented downturn in the global economy," chief executive Ulrich Bez said. | |
"These are regrettable but necessary measures in the extraordinary market conditions we all now face. | "These are regrettable but necessary measures in the extraordinary market conditions we all now face. |
"Overall, we remain confident that the Aston Martin brand is the strongest it has ever been - with dedicated design, engineering and manufacturing facilities and an award-winning product range, we remain well positioned for the upturn in the economy." | "Overall, we remain confident that the Aston Martin brand is the strongest it has ever been - with dedicated design, engineering and manufacturing facilities and an award-winning product range, we remain well positioned for the upturn in the economy." |
Aston Martin sold 110 cars in the UK in October compared with 164 in the same month last year. | Aston Martin sold 110 cars in the UK in October compared with 164 in the same month last year. |
Sales last year were 7,300 but are expected to be 6,500 this year. | Sales last year were 7,300 but are expected to be 6,500 this year. |
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The firm employs 1,850 people | The firm employs 1,850 people |