Trelleborg to reduce staff
Trelleborg Sealing Solutions Malta is seeking to reduce its staff complement by 102 people as the company continues to experience a drop in the order-book as a result of the current global economic situation.
The company said it has been discussing the situation with the General Workers’ Union since January 12.
Over the past few months it has taken various measures to mitigate the situation dismissing 25 employees and implementing a four- day week for all its employees. This ceased on January 1.
The company depends on orders from car manufacturers. It has been hit hard by the slump which took over the automotive industry as a result of the international financial crisis.
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S. Fenech
Feb 2nd 2009, 10:51
@ Tony Bonello.
For your info. I am not a racist. I am just a survivor. You know what is the first law in safety? Do not put yourself in danger to help others. But by God, that is what our government is doing! And mind you, we are just a small country. Considering to the very small number of Maltese citizens compared to the multitude of the other European countries, our economy is in much more danger then that of the rest of the world. It is very well known that the smaller are first to reach bottom. So it's about time we start to prevent certain risks and start thinking about us Maltese before thinking about others. WE TOO ARE IN NEED OF HELP RIGHT NOW!
C A Camilleri
Jan 31st 2009, 19:18
@ S Calleja. I agree with you to a certain extent but my goodness you must be a really positive person. Just put yourself in Mr Joe Vella shoes for a moment. Do not think you would be writing the same thing. Not everyone is born a rocket scientist. I am not saying that at 58 life stops there but give this person a break will you. I think you are cut off from the reality of the business world out there. Mr Vella does not need and I quote 'pity'. He needs a job. Will you give it to him. If yes then I rest my case.
Tony Bonello
Jan 30th 2009, 17:59
Isimaw hbieb lir-refugjati halluhom barra min din, din is-sitwazjoni hija globali u mhux Malta biss, jien nahdem f'industrija tal-films hu insifer barra ukoll il-kumpanija fejn nahdem jien ila min Settembru ma ikolla film, jien bhalissa fuq ir-rilief qieghed . Il-mara kienet tahdem go restaurant u grazzi ghal Mepa li qalqulhom il-hanut giet qeda ukoll.
C.Busuttil
Jan 30th 2009, 17:53
@ A. Sultana Like or nor Bush had nothing to do with the crisis, people like Dick Fuld CEO of Lehman bros are the responsible for the current crisis. They abused the system to make bigger profits just to get a bigger performance bonus. The system collapsed thanks to these greedy people forcing the USA administrations first under Bush and now with Obama to bailout the economy something that goes against the American principles in regards of the market.
S.Calleja
Jan 30th 2009, 11:04
@ Joe Vella Jiddispjaċini ngħidlek li l-attitudni tiegħek lejn ix-xogħol u l-edukazzjoni hija ħażina. L-ewwelnet, għal nies li jispiċċaw bla xogħol jeżistu benefiċċji soċjali, e.ż. relief tal-qagħad meta tirreġistra. Nies fil-bżonn iħallsu kontijiet tad-dawl ridotti, u nissuġġerilek tiċċekkja dwar dan mal-Enemalta flok taħli l-ħin tilmenta kemm għolew. Hawn Malta żgur ħadd ma jmut bil-ġuħ. Anke dwar bank loans jekk tkellem lil union ikunu jistgħu jirranġawlek mal-bank sakemm issib xogħol ieħor (jew lil bank dirett tispjegalhom is-sitwazzjoni). Hawn Malta ħadd ma jmut bil-ġuħ. Il-problema li nara li ħafna nies iridu jgħixu ħajja ta' prinċipijiet u ma jaħsbux għal eventwalitajiet (they live way beyond their means). Dwar l-edukazzjoni, hawnhekk żlaqt fin-niexef. L-edukazzjoni trid tkun ħajtek kollha. Iva smajtni sew. Illum l-affarijiet jinbidlu fi ftit xhur, għalhekk ma tistax tieqaf taqra u titgħallem, anke ta' 58 sena. Apparti x-xogħol, wieħed irid iqatta' ftit siegħat fil-ġimgħa jaqra u jeduka ruħu, sakemm ma jridx jaqa' lura. Ħafna korsijiet illum huma b'xejn, u oħrajn sussidjati. Il-flus neċessarji veru, imma jekk ma tedukax ruħek kontinwament, tkun qed taħtaf il-flus illum u titlef l-opportunitajiet ta' għada. Għażiż Joe, nistiednek tibda tħares lejn id-dinja bħala waħda li toffrilek l-opportunitajiet, u mhux waħda li tagħmillek il-bsaten fir-roti.
Claudette Abela Baldacchino
Jan 30th 2009, 00:33
True commitment ...that is what is needed. The government must be pro-active. Solidarity is definately not enough. Rather than words, action is needed. Hardships cost money as well especially if families are left to fall behind. While training and retraining are definately the tool for success, I totally agree with Mr Vella being worried for his family. Education costs money as well, and I can understand how he feels especially with his son still at University. One thing is for sure; that what is happening sustains my argument that a new tier of families is emerging - that of socially excluded and socially deprived families, suffering in silence behind closed doors. A serious assessment and stock-taking of our social situation is urgently needed. Claudette Abela Baldacchino
simon borg
Jan 29th 2009, 22:23
@all visit http://www.doingbusiness.org/economyrankings/?direction=Asc&sort=0 it makes very interesting reading. this is a world bank website that rank countries....surprise surprise Malta does not feature. but this is a very easy explanation of how foreign direct investors start making their homework on where to invest....now get that data and compare it with the sorry state of our island. and we blame it on the economy.
Jeremy J Camilleri
Jan 29th 2009, 22:03
simon borg
Jan 29th 2009, 21:54
@all Govt apologists how dare you now blame it on the global economy......its the government stupid! (pun intended) we are a micro state, a drop in the ocean and therefore we do not feature within the economic sector that requires a critial mass of demand and supply. our industry, in general, specialises in R;D and low volume production. so now you tell me....dont be fooled by this ëconomic crisis" bit. that''s just a smokescreen to hide structural inefficiency. try to open a business that require a factory....it takes more than 18 months to finalise....tunisia?.....it takes them less than a week. Malta Enterprise might be doing its bit but then comes Malta Industrial Park who think they are greater than God himself. Its simply a torture. shame on them. the culprit over here is bureaucracy and its creator. we should be thriving when larger countries are suffering. we r not the centre of the world, in good and bad. but we prefer to believe the govt's spinners.
A Cardona
Jan 29th 2009, 20:26
Probabli jkellhom jiehdu permess minn ghand l-UE l-ewwel. Min jaf x'tghid l-UE ghax dawn Maltin u mhux barranin. Tal-misthija li sirna servi tal-barranin.
S Fenech
Jan 29th 2009, 16:26
Ghaziz Joe Vella, nifmek u nithasrek. Ghandek mitt elf ragun. Personalment jien haddiema bhalek u ma tantx nista nghinek.
Ghaziz Awtoritajiet, tistaw forsi li dawn il-haddiema tat-Trelleborg tibghatulom l-ikel ta' kuljum, thalsulom id-dawl, l-ilma w t-telefon, tibghatuwhom l-isptar b'xejn, ecc... kif taghmlu mal-klandestini?
joe vella
Jan 29th 2009, 15:14
Nixtieq nirringrazzja lil dawk kollha li lesti li jghinuna ghax ahna familji ghandna .
Jien wiehed min dawk li aktarx nintlaqat u ma nafx min hu dak li lest ihaddimeni , jien li ghandi 58 sena . Li hija ta dahk hija li jghidulek biex tmur taghmel xi kors biex tkun lest tiddevja it tip ta xoghol tieghek biss jien ta' din l eta nahseb flus irried u mhux certifikati . Il kontijiet qed jigu , u kulhadd jaf kif qed jigu , il mara waqfuha mix xoghol ghax naqas ix xoghol ta turizmu u ghadd ghandi tifel immur l universita . Jien inhoss li l gvern jista jaghmel il parti tieghu ukoll ghax nemmen li bhall ma lest jien lil klandestini ahna daqs tant iehor fil bzonn .
inhossni ha niggenen biss jien mhux min jithassarni nried izda xoghol . Sfortunatament kienu jghidu li x xoghol qed jigri wara nies biss emmnuni meta nghid li din gidba u gidba fahxija
C Zammit
Jan 29th 2009, 14:31
@ a .sultana This is a GLOBAL problem dear or have'nt you heard ?
Rest assured that as pessimistic as it sounds the worst is yet to come.
C.Sapiano
Jan 29th 2009, 14:07
The problem is not the free market as such. Its the way certain people dealt with the free market. The free-market is still the best system but obviously it can be abused, just like any other system.
ISabelle AGius
Jan 29th 2009, 13:18
Unfortunately many companies are putting their employees on a four-day or worse still three-day week. It is high time government thought of some boost to the economy otherwise it can only get worse.
a sultana
Jan 29th 2009, 12:54
imsieken ahna li ridna u ma ridnix spiccajna vittmi tat-tmexxija bla ghaqal ta Bush
Michael Gatt
Jan 29th 2009, 12:21
Miskin hu min qed jintlaqt bdawn il mizuri