Ford plans additional job cuts in Europe

Ford plans additional job cuts in Europe

Bill Ford on Ford Motor Company’s values and culture

“How do we plan for the next 120 years in a way that my grandkids will have a stronger company than we have today?”

Ford plans further job cuts in Germany, Spain and the U.K., the head of the worker’s council in Germany for the U.S. automaker told Reuters on Tuesday.

It is unclear how many additional job cuts are foreseen in Germany under the new restructuring plan, which comes on top of a previous restructuring program, said Benjamin Gruschka, who is head of the works council at Ford’s Cologne plant.

Gruschka added that a decision is expected by end June.

Ford Germany did not immediately respond to Reuters’ request for comment.

Ford has half completed its previous restructuring that called for 2,300 job cuts in Germany, reducing the staff number in the country to 13,000, according to Gruschka.

Last year, Ford said it would cut 3,800 jobs in Europe as it shifts toward electric vehicle production, which requires less personnel.

Ford said last week that it plans to cut up to 1,600 additional jobs at its assembly plant in Valencia, Spain, as part of the restructuring plan.

Source link : https://www.freep.com/story/money/cars/ford/2024/06/18/ford-job-cuts-germany-spain-united-kingdom-europe/74137331007/

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Publish date : 2024-06-18 12:21:35

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