Friday, October 31, 2008

Bently cuts upto 300 workers While rolls royce is hiring


Despite many company officials' predictions that their customers would still be buying ultra-luxury cars despite the struggling economy, Bentley Motors is suffering significant losses just like the majority of automakers around the world. Since January of this year, the Crewe, England manufacturer has posted a sales slide of more than 20% through September, and as a result will reportedly cut its 3800 person workforce by up to 300 in the coming weeks.

In addition to the voluntary job cuts, Autocar reports Bentley management will likely revive its four day work week, but with only two working shifts per day. Previously, the Cheshire plant was running on a three day week with three shifts. Production of the brand's slower selling models will be dropped by around 15%.

This move is in stark contrast to its chief rival, Rolls-Royce Motors, which has announced it is hiring 200 extra workers due to increased demand and in preparation for its new model, the RR4. It seems that at this point, only the buying power of the super-rich is still bucking the world's economic trends.

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