A coordination among the employees showed an approval of 93.5 percent for a compromise to which the union IG Metall and had informed the management in July.
2,900 jobs will be dismantled by the end of 2027 – about every fourth. Most recently it was 11,500. The employees who go voluntarily get quite high severance payments. If your workplace is relocated because the division is given and continued by another company, you should not be placed worse.
There is also the possibility of partial retirement and financial collateral from the US mother group, which also benefit pensioners. For the time being, it is dispensed with operational dismissals, but in the extreme case they are possible.
Significant consent to the compromise package
IG Metall reacted relieved to the significant approval of the compromise package that it had negotiated. “In a difficult situation, we have agreed for the employees the best possible safety net that applies by the end of 2032 and thus offers financial security,” said IG Metall spokesman for the ford-Werks, David Lüdtke.
The management also evaluated the result positively. “This is a positive step forward, which offers our employees in Cologne the necessary clarity and security,” said a company spokesman. “It enables the company to implement our restructuring plan socially acceptable and to build up a future -oriented and cost -efficient company in Europe.”
US mother should protect against the bankruptcy of the German daughter
After the approval of the workforce, the management and employee side still have to sign corresponding contracts and agreements, which is considered a matter of form. In the coming months, the works council and management will discuss the details of the austerity course, about which position should be eliminated when.
The centerpiece of the agreement is a security network of the US mother that is supposed to protect the workforce from a theoretically possible bankruptcy of the Germany daughter. If this actually occurs-at the moment this is pure theory-the employees concerned would get money from the US mother group.
Ford is under pressure, the sale of new electric vehicles from Cologne is below expectations. Finally, the sales figures from Ford car Germany at a low level. Since the beginning of the year, the Ford car market share in Germany has increased from around 3 to 4.5 percent.