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".
The sacking of 350 employees in January has not stopped Australians ranking Toyota as having the fourth best corporate reputation in the country, according to the results of a survey by a local research consultancy. AMR’s 2012 Corpo... 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