400 Holden workers finished up today after accepting their voluntary redundancy packages.
Here in Adelaide the rumours going around indicate that GMH will move what is left of the engineering team based in Elizabeth to Victoria and close the Elizabeth factory completely.
Only time will tell if there is any truth to the rumours however one thing is certain if Holden do decide to leave SA the northern suburbs will become the worst area for unemployment in the country. If you live in Adelaide you will be well aware of the negative outlook people have on the northern suburbs already. If the worst case scenario does come to fruition Adelaide itself will resemble an Australian version of Detroit.
http://www.abc.net.au/news/2013-07-26/last-day-for-400-workers-at-struggling-holden-in-adelaide/4845108?§ion=news
http://www.news.com.au/business/companies/holden-future-in-balance-as-workers-set-to-say-no-to-wage-cuts/story-fnda1bsz-1226686038136#mm-breached
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