Summary
BRITISH industry suffered a fresh blow today when engineering giant GKN announced it had axed 360 jobs and planned further cuts this year because of the downturn in the car industry.
The firm, which employs around 6,400 workers in the UK, including 2,000 in its automotive component sector, said further restructuring will take place in 2009, which will include job cuts.See the full content of this document
Extract
Engineers Axe 360
The programme remains under...
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