Toyota Australia has today begun sacking 350 of its Altona workforce. While additional security has reportedly been engaged to oversee the departures, the redundancies are a surprise to no-one. On January 23rd this year, Toyota Australia President and CEO, Mr Max Yasuda announced the redundancies, citing "severe operating conditions", "unsustainable financial returns" and "reduced cost competitiveness".
Toyota Australia has confirmed today it will offer up to 100 voluntary redundancies at its Altona manufacturing plant, where it currently employs 2500 people. The announcement follows redundancies made at the plant in recent times: ... Read Post
Toyota Australia today announced plans to cut 350 jobs at its Altona manufacturing plant, in what it is referring to as a “response to operating conditions”. The company will implement about 350 compulsory redundancies, a process th... Read Post