On Wed, 31 Oct 2012 19:54:00 -0500
Recliner wrote:
The redundancies account for more than half of the firm's 274 UK employees.

The Unite union said it was outraged at the "ruthless sacking" of staff.

The job losses affect both the group's head office and manufacturing site
in Coventry, with 99 out of 176 employees there being made redundant."

Sounds like its on its way to becoming nothing more than another badge
aquisition by the chinese. Probably the chinese plan all along - don't provide
any financing , wait until firm goes bust then buy assets and shift production
to china.

B2003

On Thu, 1 Nov 2012 09:25:50 +0000 (UTC), d
wrote:

On Wed, 31 Oct 2012 19:54:00 -0500
Recliner wrote:
The redundancies account for more than half of the firm's 274 UK employees.

The Unite union said it was outraged at the "ruthless sacking" of staff.

The job losses affect both the group's head office and manufacturing site
in Coventry, with 99 out of 176 employees there being made redundant."

Sounds like its on its way to becoming nothing more than another badge
aquisition by the chinese. Probably the chinese plan all along - don't provide
any financing , wait until firm goes bust then buy assets and shift production
to china.

I was surprised just how small the operation already was, even before
these latest redundancies. I assume that most of the real
manufacturing must already have moved to China, with only final
assembly happening in the UK. I don't suppose recent London cabs
actually have very much UK content, so it's not much of a loss if the
British facade is finally removed.

On Thu, 01 Nov 2012 12:56:34 +0000
Recliner wrote:
I was surprised just how small the operation already was, even before
these latest redundancies. I assume that most of the real
manufacturing must already have moved to China, with only final
assembly happening in the UK. I don't suppose recent London cabs
actually have very much UK content, so it's not much of a loss if the
British facade is finally removed.

A conspiracy theorist might suggest that the chinese deliberately supplied
dodgy parts and - apparently - refused to replace them.

B2003