The harsh reality of the Covid crisis for the UK’s £18.6 billion automotive sector is laid bare today by a new member survey from the Society of Motor Manufacturers and Traders (SMMT) revealing that up to one in six jobs are at risk of redundancy.
With a third of automotive workers still furloughed, the end of the government’s job retention lifeline in November highlights the critical need for a dedicated restart support package to safeguard these jobs.
More than 6,000 UK automotive job cuts have been announced in June, a result of global lockdowns, closed markets and shuttered plants. Showrooms in England and Wales are now re-opening and production lines restarting, but reduced demand and social distancing are slowing productivity.
SMMT is calling on government to address this with a support package for the entire sector to help drive demand and ease cash flow. Measures including unfettered access to emergency
Rex Crum, the senior web editor for the business section for The Mercury News and Bay Area News Group, has been laid off due to a financial situation resulting from the coronavirus pandemic.
He also wrote about business and technology for the publications’ print and web editions, and has covered business and technology for nearly two decades. Among the companies Crum has covered extensively are Apple, Tesla, Netflix, Microsoft, Amazon and Facebook.
He has interviewed numerous tech industry executives, including the CEOs of AMD, Adobe, ServiceNow, NetApp and Palo Alto Networks. In addition to tech and business stories, he has written feature as travel stories for several publications.
Crum joined the Mercury News in January 2016. He previously spent more than 12 years at MarketWatch.com as a reporter. While there, he published a twice-weekly video column called “Rex On Techs” where he took a colorful look at