• Privacy policy
  • T&C’s
  • About Us
    • FAQ
  • Contact us
  • Guest Content
  • TLE
  • News
  • Politics
  • Opinion
    • Elevenses
  • Business
  • Food
  • Travel
  • Property
  • JOBS
  • All
    • All Entertainment
    • Film
    • Sport
    • Tech/Auto
    • Lifestyle
    • Lottery Results
      • Lotto
      • Set For Life
      • Thunderball
      • EuroMillions
No Result
View All Result
The London Economic
SUPPORT THE LONDON ECONOMIC
NEWSLETTER
The London Economic
No Result
View All Result
Home News

Brexit – and coronavirus – responsible for 200 layoffs at car parts firm

The south Wales plant opened in 1970 and makes car parts including water containers and nozzles.

Henry Goodwin by Henry Goodwin
2021-04-16 12:20
in News
FacebookTwitterLinkedinEmailWhatsapp

More than 200 jobs at a car parts firm in south Wales face being axed due to Brexit and Covid-19, the company has said.

Kautex Textron, which has a plant in Ystrad Mynach near Caerphilly, South Wales, said it was discussing possible staff reductions with its workers as well as the potential closure of the site after 51 years in the town.

The plant opened in 1970 and makes car parts including water containers and nozzles.

A spokesperson for the company said that if the decision was made to close the plant it would work to provide other internal opportunities “to as many employees as possible to mitigate the impact”.

The spokesperson said: “We can confirm we have entered into provisionary discussions regarding staff reductions and potentially a site closure.

“Brexit, as well as the ongoing economic impact of Covid-19, are the key contributors to this decision.

“We have no further comment regarding the status, as we are currently in required consultation period with the GMB union and employee forum and will respect the consultation process.”

The spokesperson said the company, which has its headquarters in Bonn, Germany, could not confirm the exact number of employees at its Ystrad Mynach site, but that it was “somewhat higher” than the 220 reported elsewhere.

The GMB union said it would “pull every lever available” to save jobs at the site, blaming falling sales due to the global downturn in the car industry as well as Brexit for the potential closure.

RelatedPosts

Bob Vylan album surges up the charts after Glastonbury controversy

Police arrest 83-year-old priest holding placard in support of Palestine Action

Gary Lineker says BBC should ‘hold its head in shame’ for not airing Gaza documentary

Donald Trump announces he plans to host UFC fight at the White House

It said the company had also told them the potential job losses were due in part to Brexit, with European car manufacturers looking to source products on the continent.

Mike Payne, GMB senior organiser, said: “This came completely out of the blue, no one was expecting this, least of all the workforce.

“This is devastating news for the workers, the local economy, and the entire local community in Ystrad Mynach and Caerphilly.

“From what the company has been telling us, their sales have suffered as companies that they supply their products to are looking ‘more locally’ to source their products.

“It seems as though we’re seeing more high-skilled well-paid jobs sacrificed at the Brexit altar.”

Related: Zero-hours workers are twice as likely to die from Covid-19

Tags: Brexit

Subscribe to our Newsletter

View our  Privacy Policy and Terms & Conditions

About Us

TheLondonEconomic.com – Open, accessible and accountable news, sport, culture and lifestyle.

Read more

SUPPORT

We do not charge or put articles behind a paywall. If you can, please show your appreciation for our free content by donating whatever you think is fair to help keep TLE growing and support real, independent, investigative journalism.

DONATE & SUPPORT

Contact

Editorial enquiries, please contact: [email protected]

Commercial enquiries, please contact: [email protected]

Address

The London Economic Newspaper Limited t/a TLE
Company number 09221879
International House,
24 Holborn Viaduct,
London EC1A 2BN,
United Kingdom

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

No Result
View All Result
  • Home
  • News
  • Politics
  • Lottery Results
    • Lotto
    • Set For Life
    • Thunderball
    • EuroMillions
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Privacy policy
  • Contact us

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

← Zero-hours workers are twice as likely to die from Covid-19 ← Government accused of ‘falsely imprisoning’ care home residents
No Result
View All Result
  • Home
  • News
  • Politics
  • Lottery Results
    • Lotto
    • Set For Life
    • Thunderball
    • EuroMillions
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Privacy policy
  • Contact us

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

-->