Monday, February 21, 2011

Toyota offers buyouts employees

DETROIT - Toyota buyout packages offered by U.S. to cut management employees at the headquarters sales in California, the company said on Tuesday.

The announcement is not bound to a flood of safety recalls, which violated Japanese automaker or a small sales drop last year.

Offers were 629 people in Toyota Motor Sales USA customer service and automotive operations groups at Headquarters in Torrance, California, said spokesman Steve Curtis. Toyota Motor Sales USA employs around 6,400 people.

The Buy-Outs are voluntary and the company has to reach a target number, Curtis said.

Toyota was the only major automaker, one U.S. sales targeted just under 1 percent in the previous year. Sales recovered in the last month and were up 17 percent through December of 2009, a month in which the company was forced to temporarily stop selling eight models due to faulty gas pedals.

Toyota once invincible image is by a flood of recalls violated, that late in 2009, began in North America. The callbacks cover more than 12 million cars and trucks globally. Many of the recalls include the defective floor mats and gas pedals that stick, suspected to cause some unintended acceleration.

But Curtis said the buyouts movement due to the decline in sales or the callbacks are not cost reduction.

"We are very optimistic for the year," said Curtis, adding that the company plans to roll out 10 new or new models designed in 2011. "This is the result of an ongoing review of our organizational structure and our staffing needs and how we align the best for our future business prospects and growth," he said.

Movement, first reported Monday by the trade magazine Automotive News, add the remaining managers responsibility and efficiency, Curtis said.

Workers a payment of $20,000, two weeks of pay for each year of service, plus further 10 weeks of salary, are offered Toyota in a statement said.

You have to decide on the package by March 31 and leave the company on April 28.

Curtis said he could not comment, whether buyouts will be offered in other areas of society.

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