The carmaker ford According to the works council, wants to cut jobs on a large scale at its Cologne location. If the management enforces its previous plan, up to 3,200 jobs could be lost, said the deputy works council chief of the Ford works, Katharina von Hebe, on Monday in Cologne to the dpa. At the beginning of the year, Ford still had 14,000 employees in the cathedral city. “The situation is devastating for the workers.” In two meetings on Monday, the works council reported to the employees about the plans and referred to the internal guidelines of the management for Ford in Europe. The top management has not yet commented publicly on the matter. the share
rose slightly premarket on Monday.
Ford is in a state of upheaval, the US car company, which has long focused on combustion engines, only got on the electric course relatively late. The company will continue to rely on the Cologne site, which is being converted at a cost of billions in investments for the production of new electric models. The management justifies the current personnel plans loudly IG Metal among other things with a centralization in the USA. Ford has already undergone restructuring, three years ago the company still had almost 18,000 employees in Cologne.
The company announced last March that To separate business for combustion engines and electric cars in the future. However, the two independent units remain under one roof. To finance the multi-billion dollar plans, Ford boss Jim Farley (60) said last summer that cut up to 8000 jobs to want. Most of the job cuts were expected in the US. Farley previously announced plans to save around $3 billion by 2026.