Just heard through the grapevine...

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A

Acanthus

Lifer
Aug 28, 2001
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Im sure thats going to be an enormous figure of jobs lost.

I personally know 3 people that work for a company that makes parts for honda that just got notified today that they are losing their jobs.

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A

Acanthus

Lifer
Aug 28, 2001
19,915
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Originally posted by: Skitzer
What grapevine is this? Link?
Click to expand...

Employees of a subsidiary company.

The company was informed of Hondas production cuts and the corresponding cuts in jobs because it affects the quantity of parts they need from the subsidiary.
 
B

bozack

Diamond Member
Jan 14, 2000
7,913
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Good for them nice to see under the Obama admin another company taking a loss :)
 
Skitzer

Skitzer

Diamond Member
Mar 20, 2000
4,414
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Originally posted by: Acanthus
Originally posted by: Skitzer
What grapevine is this? Link?
Click to expand...

Employees of a subsidiary company.

The company was informed of Hondas production cuts and the corresponding cuts in jobs because it affects the quantity of parts they need from the subsidiary.
Click to expand...

Still, how does this equate to 10%? That is an awful lot of people. I have seen nothing about this as I scour the web.
 
StageLeft

StageLeft

No Lifer
Sep 29, 2000
70,150
5
0
Originally posted by: LegendKiller
Originally posted by: Acanthus
Originally posted by: bozack
Good for them nice to see under the Obama admin another company taking a loss :)
Click to expand...

It's a bit early to be placing blame on Obama isnt it? (independant voter)
Click to expand...

Nah, never too early.
Click to expand...
This, already his administration is a complete and utter failure. He's had what almost 72 hours and the economy isn't fixed, complete write-off.

 
dartworth

dartworth

Lifer
Jul 29, 2001
15,200
10
81
Originally posted by: Skoorb
Originally posted by: LegendKiller
Originally posted by: Acanthus
Originally posted by: bozack
Good for them nice to see under the Obama admin another company taking a loss :)
Click to expand...

It's a bit early to be placing blame on Obama isnt it? (independant voter)
Click to expand...

Nah, never too early.
Click to expand...
This, already his administration is a complete and utter failure. He's had what almost 72 hours and the economy isn't fixed, complete write-off.
Click to expand...

the revolution will not be televised
 
DAPUNISHER

DAPUNISHER

Super Moderator CPU Forum Mod and Elite Member
Super Moderator
Aug 22, 2001
31,742
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Originally posted by: dartworth
Originally posted by: Skoorb
Originally posted by: LegendKiller
Originally posted by: Acanthus
Originally posted by: bozack
Good for them nice to see under the Obama admin another company taking a loss :)
Click to expand...

It's a bit early to be placing blame on Obama isnt it? (independant voter)
Click to expand...

Nah, never too early.
Click to expand...
This, already his administration is a complete and utter failure. He's had what almost 72 hours and the economy isn't fixed, complete write-off.
Click to expand...

the revolution will not be televised
Click to expand...
No, it will be webcast live though.

 
W

WackyDan

Diamond Member
Jan 26, 2004
4,794
68
91
Originally posted by: Acanthus
Originally posted by: bozack
Good for them nice to see under the Obama admin another company taking a loss :)
Click to expand...

It's a bit early to be placing blame on Obama isnt it? (independant voter)
Click to expand...

Why not? Before he took office people were already proclaiming his presidency a success!
 
EagleKeeper

EagleKeeper

Discussion Club Moderator<br>Elite Member
Staff member
Oct 30, 2000
42,589
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Put this thread on track or have it closed


Senior Anandtech Moderator
Common Courtesy
 
S

spidey07

No Lifer
Aug 4, 2000
65,469
5
76
You heard about a supplier - not Honda. Suppliers feel the brunt of a slow down because their business is directly impacted by volume. All manufacturers are slowing down their lines, more non-production days, etc. That means suppliers aren't supplying as many parts.

That means suppliers have to slow down production and along with it lay people off, but in general suppliers get hurt more than the manufacturer because of the slim margins.

Oh and a lot of manufacturers have already let go of all variable workforce so I wouldn't be surprised if honda does the same.
 
ProfJohn

ProfJohn

Lifer
Jul 28, 2006
18,161
7
0
10% seems crazy.

Perhaps they meant a 10% cut back in production which would not end up being 10% of employees.
 
P

PokerGuy

Lifer
Jul 2, 2005
13,650
201
101
Originally posted by: Acanthus
Originally posted by: Skitzer
What grapevine is this? Link?
Click to expand...

Employees of a subsidiary company.

The company was informed of Hondas production cuts and the corresponding cuts in jobs because it affects the quantity of parts they need from the subsidiary.
Click to expand...

I'm thinking that means 10% of the supplier company and not of Honda's employees. I'd be surprised if that was the case, but these days, who knows.

Originally posted by: bozack
Good for them nice to see under the Obama admin another company taking a loss :)
Click to expand...

Geez, quit being a tool, this has nothing to do with Obama.
 
C

compuwiz1

Admin Emeritus Elite Member
Oct 9, 1999
27,112
930
126
Originally posted by: bozack
Good for them nice to see under the Obama admin another company taking a loss :)
Click to expand...

In just a couple days in office? Jeebus, what do you expect him to just wave a wand and all will be right in a few hours? This mess took years to get into and it will take years to get out of.

Oh, and holy hear-say batman! :roll:

 
ericlp

ericlp

Diamond Member
Dec 24, 2000
6,137
225
106
Originally posted by: LegendKiller
Originally posted by: Acanthus
Originally posted by: bozack
Good for them nice to see under the Obama admin another company taking a loss :)
Click to expand...

It's a bit early to be placing blame on Obama isnt it? (independant voter)
Click to expand...

Nah, never too early.
Click to expand...


You're a tool and a hack. X2

 
A

Acanthus

Lifer
Aug 28, 2001
19,915
2
76
ostif.org
Originally posted by: spidey07
You heard about a supplier - not Honda. Suppliers feel the brunt of a slow down because their business is directly impacted by volume. All manufacturers are slowing down their lines, more non-production days, etc. That means suppliers aren't supplying as many parts.

That means suppliers have to slow down production and along with it lay people off, but in general suppliers get hurt more than the manufacturer because of the slim margins.

Oh and a lot of manufacturers have already let go of all variable workforce so I wouldn't be surprised if honda does the same.
Click to expand...

To clarify, the supplier was told that Honda is laying off 10% of its workforce on monday.
 
R

RU482

Lifer
Apr 9, 2000
12,689
3
81
who would have thought...sales are down, and thus the need for manufacturing people is reduced.
 
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