A news report says Toyota Motor Corp. is considering cutting jobs in North America and the United Kingdom to cope with faltering global demand. Here in Kentucky, the Georgetown plant says they are taking other measures to cut costs.
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 has a big production plant at Georgetown, Ky., that produces Camrys, Camry Hybrids and Venzas.
On Friday, officials at the Georgetown plant released the following statement:
"This is an unprecedented time in the auto industry. Toyota has made several North American manufacturing adjustments in recent months, and we are considering additional steps for managing our business. No decisions have been finalized. However, current business conditions are not forcing us to make involuntary reductions of Toyota team members. Our goal is to operate in a manner that maintains the long-term viability of our company and employment security of Toyota team members. "
Georgetown's Judge Executive, George Lusby, says Scott County depends on the Toyota plant, and any cutbacks of full-time workers would impact the county. He went on to say, he and the mayor are typically notified if there are major cutbacks taking place in the county, and has not heard of any.
Workers that we spoke with also said so far they have not been notified about any cutbacks at the Georgetown plant.