hit tracker
Friday, March 29, 2024
HomeLatest NewsFord studies implementing a cut of 3,200 jobs in Europe

Ford studies implementing a cut of 3,200 jobs in Europe

Date: March 29, 2024 Time: 07:23:25

Ford is studying the possibility of cutting up to 3,200 jobs in Europe and diverting part of the workload linked to product development to the United States, according to what the German union IG Metall said on Monday, which has threatened to carry out actions that could affect the automobile manufacturer throughout the region if the future of employees is not guaranteed.

In this way, Ford would be considering eliminating up to 2,500 jobs in the area of ​​product development and up to 700 more in administrative functions, with the company’s German facilities being the most affected, the union has highlighted and according to Reuters News.

“If the negotiations between the works council and the management in the coming weeks do not guarantee the future of the workers (…) we will not stop with the measures that could affect the company, not only in Germany, but throughout Europe,” said IG Metall.

The American manufacturer has not given more details in this regard and has referred to a statement made last Friday in which it assured that the transition to the production of electric vehicles required structural changes.

The company announced last year an investment of 2,000 million dollars (about 1,840 million euros at current exchange rates) to expand production at its plant in Cologne (Germany) and manufacture a fully electric model. This factory currently produces the Ford Fiesta, as well as engines and transmissions.

Likewise, the North American brand’s strategy involves launching seven new electric models in Europe, building a battery assembly plant in Germany and setting up a joint venture to manufacture nickel cells in Turkey.

However, last June it did not detect the possibility of “significant” short-term job cuts in its factory in Spain (in Almussafes) and in Saarlouis (Germany) due to the fact that the change to the production of electric vehicles required fewer man hours to assemble cars.

The management of Ford awarded the Valencian factory of Almussafes the production in Europe of the new electric vehicle platform from 2025, a workload with which the factory guarantees its continuity in the coming years.

Regarding the situation of Saarlouis, which competed with the Spanish factory for the new platform and which from 2025 would stop producing the Focus model, the oval firm assured that “new opportunities” were being sought for the installation.

* This website provides news content gathered from various internet sources. It is crucial to understand that we are not responsible for the accuracy, completeness, or reliability of the information presented Read More

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.
RELATED ARTICLES

Most Popular

Recent Comments