Ford Wants To Cut Five Thousand Jobs In Germany
Ford wants to cut five thousand jobs in Germany. Ford plans to cut five thousand jobs in Germany.
Jobs will also be lost in the United Kingdom, but it is not yet apparent how many there will be.
The American car manufacturer expects that the measures will make it profitable again in Europe.
Ford’s European branch has been on a loss for years.
Forced dismissals will be avoided as much as possible.
The company allows employees a voluntary departure arrangement.
The jobs that are disappearing also include temporary positions.
More than 24,000 people work for Ford in Germany, 18,000 of them in Cologne.
Ford already announced at the beginning of January that it would reorganise European movements and cut thousands of jobs in Europe.
At least 500 million dollars must be reduced.