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3 Nov 2006, 18:37 (Ref:1757295)
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#1 | |
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Rookie
Join Date: Oct 2006
Posts: 19
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The Other Side of Cost Cutting
Today I received an e-mail from a friend who is a manager of an R&D group with one of the F1 engine manufacturers. He asked if I would be able to place any of his staff. Since the engine freeze, his team is being axed and he and his 20 staff are looking at redundancy.
Quite sobering to see the results of decisions taken in Paris, or Montecarlo. |
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3 Nov 2006, 19:21 (Ref:1757316)
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#2 | |
 Race OfficialVeteran
Join Date: Dec 2000
Posts: 8,950
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I was also just reading in Autosport about Cosworth laying off 200 members of it's staff.
Of course it is sad to see people out of a job, but things change, should they be resisted 'just' to keep people in a job. |
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3 Nov 2006, 21:55 (Ref:1757406)
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#3 | ||
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Ten-Tenths Hall of Fame
Veteran
Join Date: Dec 2003
Posts: 8,408
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It's not just in the engine area either. Most teams have run complete and separate test teams in recent years, but that may be about to stop. See here.
I've heard that McLaren will cut down from two test cars to one, for example. |
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6 Nov 2006, 15:12 (Ref:1759085)
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#4 | ||
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Veteran
Join Date: Sep 2001
Posts: 13,000
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The number of new employees at Prodrive probably outweights all of these losses however. And Cosworth's staff aren't losing their jobs due to the engine freeze.
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