简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:BERLIN (Reuters) – The Ford Motor Co works council in Cologne, Germany invited workers to a meeting on Feb 14 to update them on negotiations with management over planned job cuts at Fords plants in Europe, a union representative said on Tuesday.
Ford works council in Germany to update staff on job cut talks on Feb 14
BERLIN (Reuters) – The Ford Motor Co works council in Cologne, Germany invited workers to a meeting on Feb 14 to update them on negotiations with management over planned job cuts at Fords plants in Europe, a union representative said on Tuesday.
Ford said in late January it would decide by mid-February how many jobs would be lost in the region after the works council at its Cologne plant, which supports the interests of employees, informed employees that up to 3,200 roles may be cut in the worst-case scenario. The plant employs about 14,000 people.
A spokesperson for Ford declined to comment.
The carmaker needed to be “aggressive” in improving its quality and cost structure in Europe and the United States, Fords Chief Executive Jim Farley said on an earnings call last week, after reporting a fall in quarterly profits that sent its share price tumbling.
Productivity of Fords engineers in Europe was 25-30% lower than it should be, Chief Financial Officer John Lawler added on the call.
Farley and Lawler are due to speak at a conference on Feb. 15 in New York City about how the company is overhauling its operations to spur growth.
The works council in Cologne has demanded that management commit to no layoffs before Dec. 31, 2032, and that the roughly 2,500 product development staff there remain part of the automakers global development landscape.
The carmaker has committed to an all-electric lineup in Europe by 2030 and its U.S. leadership has repeatedly flagged that EVs require less labour.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.