Toyota mulls cutting 1,000 jobs
OKYO — A news report says Toyota Motor Corp. is considering cutting more than 1,000 full-time jobs in North America and the United Kingdom to cope with faltering global demand.
Japan’s top business daily, the Nikkei, reported Friday that details of the job cuts will likely be finalized by the end of the month. It cited an unnamed senior company official.
Toyota spokesman Yuta Kaga declined to confirm the report, saying nothing had been decided.
Mike Goss, a spokesman for Toyota’s North American manufacturing operations, said Toyota is considering “additional steps” after making several production adjustments in recent months, but no decisions have been finalized.
Toyota operates a plant in Huntsville that manufactures V-8 engines.