Ford says to slash 12,000 jobs in all across Europe
US carmaker Ford said yesterday thatit plans to slash a total of 12,000 jobs across Europe as part of a previously announced restructuring. The overall figure includes 5,400 layoffs already announced in Germany and 1,700 in Wales. The move comes as the company closes or sells six plants in Britain, France, Russia and Slovakia this year and next.
The job cuts will come “primarily through voluntary separation programmes”, said Ford, which employs around 51,000 people and operates 24 factories around Europe. Aswell as the factory closure in Wales, three sites in Russia, one in Slovakia and one in France will be shuttered. Thursday is the first time Ford has publicly stated the jobs impact of its plans.
Group chief executive Jim Hackett announced last autumn a massive restructuring of the American firm, aiming to save $11 billion and turn Ford into a more “agile” group with faster decision-making processes. The company aims to catch up with the world leaders in the industry’s transformation towards autonomous and electric-powered driving, as well as services like car-sharing and ride-sharing.
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