Automobile Dacia Romania Lay off Job Cut: fires 3000 employees

There is bad news coming from all sectors of the economy and from all geographies across the globe. The biggest car maker of Romania, Automobile Dacia has decided to lay off around 3000 employees. There are many lay offs in the car and automobile sector.

How many employees will be laid off in the Automobile Dacia Romania Lay off Job Cut
Around 3000 employees will loose their jobs in the Automobile Dacia Romania Lay off Job Cut.

What is the current strength of Automobile Dacia Romania?
There are around 14700 employees in total as of now. The lay offs would mean that a little over 20% of the employees will have to face job cuts.

What reasons are being quoted by the management for the Automobile Dacia Romania Lay off Job Cut?
Same old reasons of financial crisis, demand reduction, cost cuttting and so on..

Which segment of employees will be laid off in Automobile Dacia Romania Lay off Job Cut?
Those who could be laid off are employees with fixed period contracts.

He added that some 960 employees have had their contracts extended to indefinite periods this year. Early next month, the company is to decide whether to extend contracts for 600 employees whose fixed period agreements expire on December 31.

Automobile Dacia, controlled by French Renault group, halted production between Nov. 20 - Dec. 7, because of the "brutal slump of car markets." The carmaker's sales dropped 8.9 percent in Romania in the first 10 months of 2008.

The plant produced 222,914 cars in 2007, it would have a total production of 310,000 units for this year.
Let's hope that alternative jobs are available to the affected employees of Automobile Dacia Romania Lay off Job Cut