Will be laid off thousands of people.
American automaker Ford plans to cut 5000 jobs in Germany. Ford hopes to save at least 441 million euros on these measures, company executives said Friday, reports the Chronicle.info with reference to lenta.ua.
The newspaper Kölner Stadt-Anzeiger reported that job cuts had to be achieved by severance payments for workers under the age of 49 years and early retirement for workers over 50. Job loses everything – from workers to managers.
“It’s part of restructuring in Ford Europe, which already was announced in January, with the aim of returning to profitable business”, – said the representative of the company.
On the German Ford employs about 24 000 people, mainly in Cologne.
European business group suffers large losses and a restructuring process announced in January, also provides for the potential closure of the plant.
Earlier this week, German automaker Volkswagen announced cuts 7,000 jobs, despite the fact that he worked with profit.