A sliver of good news has been reported out of the Holden brand. Contradicting previous decisions, Holden has officially announced it will be retaining a number of key engineering positions inside the division. Previously, cuts were to run even deeper than they already have.
The decision was reportedly made last week after a meeting in Melbourne, which included senior executives from General Motors and Holden, according to Motoring.
Holden engineers have typically been held in high regards, known for their high skill set in initial vehicle calibrations, right through production-ready vehicles.
Another factor influencing the decision is the weak Australian dollar, making it more affordable to keep talent inside of Holden. According to the report, it is now 25 percent cheaper to do business in Australia than it was in 2013 when GM announced it was pulling the plug on Australian automobile manufacturing.
The news was made official by Holden’s Senior Manager of External Communications, Kate Londsale, with the following statement:
We can confirm there will be a significant number of Engineering positions retained at GM Holden. While this is good news, we are still working through project details and our staffing requirements.
“As always, we will work closely with our workforce as we determine exactly what is required. At that point, we will be able to make a full public announcement.
That’s one small win for Holden’s new chairman, Mark Bernhard, who is the first Aussie in years to manage the brand.