MINI axe jobs and reduce production

MINI production at Plant Oxford

MINI is the latest manufacturer to feel the brunt of carmageddon with news they are set to axe up to 850 jobs from their Plant Oxford facility. An additional 150 workers will be cut from the engine plant about 50km down the road in Swindon.

Worldwide sales for MINI dropped by almost 35% in January forcing BMW to reduce production from seven days a week down to five. The change in production patterns will commence in early March. Meanwhile, Plant Oxford has been shut down for one week and production will resume on 23 February.

A statement released earlier today said, “While MINI has been weathering the economic downturn, it is not immune from the challenges of the current situation. Against this backdrop the company felt that a review of its shift patterns was necessary.”

Source: Reuters UK, MotoringFile & (Thanks to Wes for the tip.)