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Global turmoil forces Holden shutdowns

Posted October 14, 2008 18:33:00
Updated October 14, 2008 20:25:00

Holden's 7 millionth car recently: now production shutdowns due to global financial crisis

Holden's 7 millionth car recently: now production shutdowns due to global financial crisis (ABC news)

Holden says there will be production closures at its plant in Adelaide over the next four months because of the global financial turmoil.

A company official says 3,400 workers will be affected when the Elizabeth plant closes for two extra days this month and a week in November.

Workers will also be forced to take an extra two weeks off over Christmas.

Manufacturing Workers Union official John Camillo says the union will push Holden to provide workers with 40 per cent of their pay over the extra days off.

"I want to be able to see that every single worker is covered by some annual leave or some payment," he said.

"[There is] nothing worse than people going home with no pay."

Mr Camillo is worried about the longer term too.

"We want to make sure that this does not continue because workers will run out of their entitlements and, you know, people need to get, be paid on a weekly basis so there's some concerns there," he said.

"But we just have to wait and see the situation as it unfolds."

Tags: company-news, economic-trends, automotive, unions, international-financial-crisis, sa, adelaide-5000, elizabeth-5112

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