First it was Ford and now Holden is shedding staff.
Holden announced yesterday that they would be cutting 200 positions from their engine assembly plant in Melbourne before Christmas.
Earlier this year the plant, which produces a four cylinder engine mainly for export, was operating at full capacity but since August demand for the engine has dropped and production has been scaled back from 750 per day at its peak to 500 per day.
Job Cuts at Holden