FORD

Company restructured by eliminating jobs in Europe
The US automaker Ford today announced the elimination of more than 5,000 jobs in Germany with voluntary departures as part of a restructuring plan presented in January. Ford told AFP it had submitted a program for early retirement or voluntary leave with compensation to all employees. "This announcement comes as part of Ford's restructuring in Europe, which aims to make the business profitable in Europe as soon as possible," a Ford spokesman in Germany said. No plans have been made for the closure of individual plants, with 24,000 of Ford's 53,000 employees in Europe in Germany.
In France, Ford is involved in an arm-in-arm with the government to find a solution to the closure announced by the factory builder in Blanquefort, near Bordeaux, which has 800 workers.
The ongoing restructuring is aimed at saving $ 25.5 billion by 2022, resulting in the end of the production of certain models in North America and the closure of job-suppressing facilities in Europe. the measures are taken "within the framework of the restructuring of Ford of Europe". In Germany, almost half of Ford's 53,000 employees work in Europe. Autonews