Toyota St. Petersburg plant will lay off staff

Toyota St. Petersburg plant will lay off staff

Zr.ru – Toyota Motor St. Petersburg plant is getting ready to terminate the contracts of its temporary staff, as from 1 June. As emphasised by the company, the decision has been taken due to the falling new automobile demand.

According to Zr.ru portal, 250 of the 1850 workers will be laid off by the factory. The company officials deny a possible reflection of layoffs on Camry production or RAV4 production preparations. As is known, Toyota is planning to double the capacity of its St. Petersburg plant next year.

Toyota St. Petersburg plant had started the production of the renewed Camry in November. 7510 of the model have been sold within the first quarter of the year (+2%). The vehicle occupies the top spot in D/E segment as of the first quarter, with a market share of 35.1%.