14 Sep 2013

Holden to cut more jobs in Australia

6:12 am on 14 September 2013

Holden is to cut more jobs as it continues restructuring of its Australian operations. The company said on Friday that now some salaried employees are to go.

In April, the company announced 400 jobs would go from its assembly operations in Adelaide and about 100 from its Melbourne operations.

The remaining assembly workers also agreed to a revised wages and conditions deal to help the company cut costs.

AAP reports the new redundancies are expected to centre on Melbourne where Holden does most of its design and engineering work.

Holden is also waiting to renew talks with the incoming coalition government on financial assistance.

The company negotiated a $A275 million package with the previous government in return for a commitment to build two new models in Australia from 2016.

But AAP reports the deal stalled heading before the election, prompting Holden to put a final decision on its future in Australia on hold until after the poll.