Porsche Slashes Work Hours As Well
Porsche is the next car company that has started adjustments to weather the economic storm. Porsche has announced that they will be cutting down on worker hours due to falling car sales. The sportscar firm has sold 34,000 fewer cars in the past six months than during the same period last year.
The move follows Japanese carmakers Honda announcing they were closing their Swindon factory for four months, affecting 2,500 workers. Honda’s net profit for the three months to December plunged 89 per cent.
(Source) Mirror.co.uk
Tags: economic storm, Honda, Porsche, sportscar