Having been working the manufacturing industry over the last 12 months, I could not help notice the 2,300 jobs to go in Peugeot closure headline in the news. Unfortunately it is another one of the latest job cuts for the industry and they seem toÂ happen with extreme regularity these days.
When you have spent so much time canvassing this market, you cannot help but feel a little depressed about the effects this has on the guys and girls out there trying to earn a living. When you then compound this with the cheap foreign labour what chance have they to survive.
Peugeot is to close its car plant at Ryton near Coventry with the loss of 2,300 jobs, it has been announced.
The plant, where the Peugeot 206 is made, is to cease production in the middle of next year.
Union officials were given the news at a lunchtime meeting with the firm’s chief executive.
In February, the government said it was working to secure the future of the Warwickshire factory after the company announced a drop in profits.
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