GKN open voluntary resignation scheme on the Isle of Wight (updated)

In light of the Coronavirus pandemic, the voluntary resignation scheme has been opened due to a change in demand

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Due to the change in demand in light of the Coronavirus Pandemic, GKN on the Isle of Wight have opened a Voluntary Resignation scheme.

The scheme is entirely voluntary and open to any permanent employee.

A spokesman for GKN told News OnTheWight,

“Voluntary resignation is one of range of sensible measures – including furlough, an external hiring freeze, reducing agency workers and early retirement – that GKN Aerospace has implemented in many sites to mitigate the short-term impact during this unprecedented and uncertain time.

“Additionally, at East Cowes, GKN Aerospace has also redeployed more than 100 employees to ventilator production to support the NHS at this time.

“GKN Aerospace continues to assess the longer-term impact on the business.”

Article edit
12.55pm 29th May 2020 – Headline and excerpt changed from ‘redundancy’ scheme to ‘resignation’ scheme as reflected in the article body

Image: © Google Maps/Streetview

Thursday, 28th May, 2020 11:09am

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Filed under: East Cowes, Island-wide, Isle of Wight Jobs, Isle of Wight News, Top story

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2 Comments on "GKN open voluntary resignation scheme on the Isle of Wight (updated)"

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What is the difference between GKN’s ‘voluntary resignation’ and OTW’s ‘voluntary redundancy?’