Toyota has announced a freeze on pay and management bonuses at its UK car-making operations in 2009.
The Japanese auto giant today said Toyota Manufacturing UK would also introduce a voluntary severance program for staff at its plants near Derby in central England and Deeside in north Wales.
It said it was considering introducing a shorter working week for reduced pay or temporarily suspending staff, although it had not made any final decisions and was continuing talks with unions.
Toyota, which makes its Avensis and Auris models at Burnaston near Derby and produces engines at Deeside, saw its production volumes fall by 20 percent in 2008 against the previous year due to lower demand.
The company, which employs 3,870 people at Burnaston, near Derby, previously announced plans to halt UK production for four weeks this year in response to the downturn.
Source :Automotive News Europe