Just Earth News | @justearthnews | 23 Jan 2023, 09:57 pm Print

wallpaper cave
Berlin: US automaker Ford will cut 3,200 jobs at its factory in the German city of Cologne, German media reported.
According to the IG Metall metal producers union, the company explained this decision by its plans to concentrate production in the United States. Ford had previously restructured its factory in Germany. Three years ago, around 18,000 people worked in Cologne compared to 14,000 now.
If the management continues with the plan, up to 3,200 jobs could be cut, the Deutsche Presse-Agentur news agency said, citing Katharina von Hebel, deputy chairman of the works council at Ford Germany.
The works council told employees about the plans, citing internal instructions by the management in Europe, at two meetings, dpa said. The company has made no public statements as of yet.
Currently, Ford employs around 45,000 people in Europe.
(With UNI inputs)
- Meet Greg Abel who will succeed legendary investor Warren Buffett as Berkshire Hathaway CEO
- Bangladesh's Yunus offers to buy cotton, farm goods duty-free from US after Trump's 37 percent announcement
- E-commerce giant Amazon plans to layoff 14,000 managers by early 2025 as part of the cost-cutting drive: Reports
- Geopolitical tensions, rising costs of climate change, unresolved debt issues putting labour markets under pressure, latest ILO report shows
- PwC to fire 1800 jobs in first major layoffs announced in 15 years