Honda Automobile (Thailand) Co. Ltd. is laying off 700 subcontracted workers at its manufacturing plant after a sharp drop in car sales and exports. A spokesman tells the Bangkok Post the workers were recruited when Honda planned to double production capacity to 240,000 units annually. The auto maker says the workers will be recalled when sales recover. Honda has no plans to lay off any of its 2,000 permanent employees or remaining 1,000 subcontracted workers, the spokesman says. But ...
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