Ford reportedly plans to slash over 1,000 jobs in Germany

Ford reportedly plans to slash over 1,000 jobs in Germany

Ford declined to touch upon the report revealed by Automobilwoche however stated transformation to electrical automobiles required “significant change” in the way in which it produces vehicles.

Ford, according to its website, employs around 20,000 people in Germany.
Ford, in keeping with its web site, employs round 20,000 individuals in Germany.
(Ford Germany)

Ford plans to chop greater than a thousand jobs at its fundamental German plant in Cologne, German auto publication Automobilwoche has reported, citing unnamed sources.

The head of the works council has referred to as a gathering for all 14,000 workers of the Cologne plant, Ford’s largest in Germany, on Monday, the report stated on Friday.

Ford, which in keeping with its web site employs round 20,000 individuals in Germany, declined to touch upon the report however stated the transformation to electrical automobiles required “significant change” in the way in which it produces vehicles.

“We have no comment on the current speculation about a possible restructuring at Ford in Europe,” a spokesperson stated in a written assertion.

“The transformation [to an all-electric portfolio] requires significant change in the way we develop, build and sell Ford vehicles, and will impact our organizational structure, talent and skills we will need in the future.”

“More details will be shared once our plans are final and we have informed our employees first,” the assertion added.

Ford is investing round $2 billion in increasing its Cologne plant, which produces Ford Fiesta in addition to engines, and transmissions, to provide an all-electric quantity mannequin.

The US carmaker has dedicated to promoting completely electrical passenger vehicles in Europe by 2030 and is planning three new electrical passenger automobiles and 4 new electrical business automobiles in Europe by 2024.

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Source: TRTWorld and businesses

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