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HONDA:' Economy will be hit'
6:42pm Friday 11th January 2013 in News
NEWS of 800 jobs going at Honda will have a huge impact on the community of Swindon according to business experts.
Heydar Faramarzi, chairman of the Swindon Chamber of Commerce, has spoken of his shock at the announcement but says the chamber will do all they can to help those who will be affected.
Mr Faramarzi said: “I heard the news very early yesterday morning, I didn’t even hear rumours about it, so it came as a big shock.
“It is really bad news, not only from the economy perspective but also from the community perspective.
“It is going to be very hard for these people and from a Chamber of Commerce point of view we will do all we can to help – whether they need consultation, or need help setting up their own business, we will do what we can to assist them.”
Mr Faramarzi said that the job losses will not only affect the individuals who will be laid off, but have a knock on effect on the entire economy.
He said: “These are the people who live and shop in Swindon and now they will have little or no income to spend, which will have a domino effect on retail.
“I just hope the consultation period will be as long as is possible, that way the people who are affected are in a job for as long as possible and it will give other organisations the chance to put plans in place.”