Lear - PETC

Lear PETC is a low cost engineering site but i cant project what might happen in the up coming future..

Could anybody project what would be the faith of LEAR Philippine Engineering and Technology Centre (Lear PETC)..

Our 3 manufacturing plants here in the philippens had just started cutting jobs and it is expected to cut 2000 more jobs this year end

wanna keep ya jobs make ya labour so cheap they cant go elsewhere. China and India do.

ERRRRRR wrote:

Lear PETC is a low cost engineering site but i cant project what might happen in the up coming future..
Could anybody project what would be the faith of LEAR Philippine Engineering and Technology Centre (Lear PETC)..
Our 3 manufacturing plants here in the philippens had just started cutting jobs and it is expected to cut 2000 more jobs this year end

If the auto suppliers get a bailout you can bet your ass you wont see any money your way!

ERRRRRR wrote:

Lear PETC is a low cost engineering site but i cant project what might happen in the up coming future..
Could anybody project what would be the faith of LEAR Philippine Engineering and Technology Centre (Lear PETC)..
Our 3 manufacturing plants here in the philippens had just started cutting jobs and it is expected to cut 2000 more jobs this year end

whats the matter you getting a penny more an hour than china.

My friends in Southfield said layoff is on because of cut in production.

bro ERRRRRR,
where did you get that figure(2000)?
any idea on what package they will give for the severance pay?

layoffs is on hold....(reason: no budget)

does this mean....Lear Cebu would file bankruptcy by next year?

ERRRRRR?

hows LEAR US? still surviving????

i think lear-cebu will not last long after it was taken over by spaniards and lear-china is currently growing to erase lear-cebu

Hey ERRRRRR,
is engineering for wire harnesses done at the PETC or also in Southfield?
I am currently doing research on wire harnesses and would liek to talk to a couple of people in engineerign abotu harnesses. Do you know who to call?
Thx.

What's the latest news from Lear's operations in Cebu ?

ERRRRRR wrote:

Lear PETC is a low cost engineering site but i cant project what might happen in the up coming future..
Could anybody project what would be the faith of LEAR Philippine Engineering and Technology Centre (Lear PETC)..
Our 3 manufacturing plants here in the philippens had just started cutting jobs and it is expected to cut 2000 more jobs this year end

What's the latest news from Lear's operations in Cebu ?

PETC laid off another 20+ monthlies associates.

Cebu Plants to follow...

it is very sad when people are being laid off. it is not easy getting a job these days. and from what i have heard laid off people are just being paid 50% of their monthly salary times the number of years they were with the company. How could anyone survive with that? Unless you can get a job that quickly?!

yup!

and more to come....
if i hear it right Plants will lay off dailies this april 3 and april 15 for monthlies.

I'm one of the employees that was laid-off last March 12, 2009 and I understand why are they doing that. Actually, it's a blessing on disguise on my part because I'm much happier right now. I'm much happier because of the pay. LOL!

Anyways, Thanks LEAR for every thing and didn't regret that you have laid-me-off.

Lear Cebu, is fast reducing heads. from the previous 3 wire harness plants, its now reduced to 2. And still planning to reduce it to 1. hundreds of employees are loosing jobs.

http://www.cnbc.com/id/29640663/...

LOOK AT THE SLIDE

ERRRRRR wrote:

Lear PETC is a low cost engineering site but i cant project what might happen in the up coming future..
Could anybody project what would be the faith of LEAR Philippine Engineering and Technology Centre (Lear PETC)..
Our 3 manufacturing plants here in the philippens had just started cutting jobs and it is expected to cut 2000 more jobs this year end

http://www.cnbc.com/id/29640663/...

just a caution. from here in the US.

Looking at the current condition it appears that petc will be going back to the manufacturing plants. You know what will happen next.
With the headcount reduction and merging of groups some are expected be retrenched... with only 50% pay x the number of years.
And one more thing, somebody from a top ranking position is doomed to be included.