4800 jobs go

That includes the full supply chain, horrendous loss for the area, I was reading about it yesterday. The Honda workers themselves are getting a generous redundancy package of 6.5 weeks pay per year but the supply chain won’t get anything close. The biggest issue will be wages in their next role as average was about £20 an hour at the plant where most other jobs in the area are warehouse and distribution based on half that.
 
Nero said:
Rubbish for the area as lots of those jobs will be skilled and decent salaries.
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Some of the machine operators were on £20/hr. Similar Jobs in the area are half that.

The redundancy package is good with 6.5 weeks for each year worked with no cap.
 
bear66 said:
Some of the machine operators were on £20/hr. Similar Jobs in the area are half that.

The redundancy package is good with 6.5 weeks for each year worked with no cap.
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That is a good package and will hopefully see many get new jobs without fearing missing rent or mortgage payments.
 
I think this is the one that was announced back in2019that they were closing - at one point a huge logistics firm were meant to be taking over the entire plant. A quick look will see it’s not all doom and gloom despite the headline:
www.autocar.co.uk

As the dust settles: What will become of Honda's Swindon factory? | Autocar

Honda will close its Swindon factory this week. What will become of the thousands of people who work there and in its supply chain?
www.autocar.co.uk www.autocar.co.uk
 
Nero said:
Is that just at the factory too? There's probably another couple of thousand within the supply chain perhaps.
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No that includes the supply chain. I do hope we invest in EVs and these guys can find jobs in that field
 
Panatonni are the firm who bought the site. The UK firm Seem to be doing well despite the current climate. Good luck to them.


Panattoni announced largest logistics developer in the UK and Europe – 5th year in a row​

Panattoni, the largest developer in Europe, has, for the fifth year in a row, taken first place in PropertyEU magazine’s Top Logistics Developers ranking.

In 2018–2020, the company delivered 69 million sq ft of warehouse and industrial space to the market. Panattoni owes its strong position to its expert anticipation of market trends and its rapid response to the economic turmoil brought about by the pandemic.
 
FatCat said:
Panatonni are the firm who bought the site. The UK firm Seem to be doing well despite the current climate. Good luck to them.


Panattoni announced largest logistics developer in the UK and Europe – 5th year in a row​

Panattoni, the largest developer in Europe, has, for the fifth year in a row, taken first place in PropertyEU magazine’s Top Logistics Developers ranking.

In 2018–2020, the company delivered 69 million sq ft of warehouse and industrial space to the market. Panattoni owes its strong position to its expert anticipation of market trends and its rapid response to the economic turmoil brought about by the pandemic.
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Do you think people who manufacturer cars should return as warehouse staff then?
 
FatCat said:
Panatonni are the firm who bought the site. The UK firm Seem to be doing well despite the current climate. Good luck to them.


Panattoni announced largest logistics developer in the UK and Europe – 5th year in a row​

Panattoni, the largest developer in Europe, has, for the fifth year in a row, taken first place in PropertyEU magazine’s Top Logistics Developers ranking.

In 2018–2020, the company delivered 69 million sq ft of warehouse and industrial space to the market. Panattoni owes its strong position to its expert anticipation of market trends and its rapid response to the economic turmoil brought about by the pandemic.
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The wages will drop significantly, the numbers employed will drop significantly.

Poverty will increase in the area which will increase demand on social services and the NHS. There will be a knock on for the local private service sector where demand will fall away.

We've seen it happen here.
 
Corcaigh_the_Cat said:
The wages will drop significantly, the numbers employed will drop significantly.

Poverty will increase in the area which will increase demand on social services and the NHS. There will be a knock on for the local private service sector where demand will fall away.

We've seen it happen here.
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Yeah that's the sad thing isn't it? Maybe the can pick fruit? They'll still have jobs I guess.

This is where I'd like to see a government intervention: we are talking net zero carbs emissions. A car maker has left because of (amongst the obvious other thing) of EVs. We should be pushing to try and get an EV plant there, or battery manufacturer or support for the industry that the guys who are now jobless have transferable skill for.
 
As sad as it seeing so many jobs lost in one go, there are very few jobs that are for life.
I was made redundant in the Automotive sector quite a few years ago. We all had a decent pay off, not as much as 6.5 weeks per year, but also had opportunities for retraining for other job opportunities.
They may not get other employment in exactly the same sector, but most will have transferable skills, and I don't mean fruit picking.
Honda have know about this for a few years and will have done everything they could to help their staff.
Good luck to them all.
 
Corcaigh_the_Cat said:
The wages will drop significantly, the numbers employed will drop significantly.

Poverty will increase in the area which will increase demand on social services and the NHS. There will be a knock on for the local private service sector where demand will fall away.

We've seen it happen here.
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In the earlier article I posted it said that there were more vacancies than people. Let’s see what happens hey but I’m just trying to point out the 4800 lost jobs headline is only half of the story.
 
The_Tiler said:
As sad as it seeing so many jobs lost in one go, there are very few jobs that are for life.
I was made redundant in the Automotive sector quite a few years ago. We all had a decent pay off, not as much as 6.5 weeks per year, but also had opportunities for retraining for other job opportunities.
They may not get other employment in exactly the same sector, but most will have transferable skills, and I don't mean fruit picking.
Honda have know about this for a few years and will have done everything they could to help their staff.
Good luck to them all.
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I hope you're right about the retraining; My company offered that when I was made redundant and it made a big difference. I know people who are sports therapists, florists and even coffee shop owners thanks to our redundancy and the support offered. I hope Honda are doing the same.

I mean, they could actually take EV seriously and they wouldn't have to cut back but hey thats another story.
 
FatCat said:
In the earlier article I posted it said that there were more vacancies than people. Let’s see what happens hey but I’m just trying to point out the 4800 lost jobs headline is only half of the story.
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I'm just looking at how many other logistics companies, we have seen them move to our area lately, employ. They take up a large area but labour demands aren't particularly high, though there will be an increase in demand for van drivers.

It's not all bad news, perhaps we'll see migration to Teesside to snap up one of the thousands of jobs being created here?
 
I mean, they could actually take EV seriously and they wouldn't have to cut back but hey thats another story.

Suppose they could build the EV battery plant in Swindon rather than Teesside, now that would be another story 😀

CTC is correct. If there was a small migration from Swindon to Teesside, the difference in house prices alone would benefit the area significantly.

I nearly took a job at Nissan. From where I lived at the time, I could have bought a house twice the size, in a nice area and still be better off.
 
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