Ford dismisses thousands of employees in Germany

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Ford увольняет тысячи сотрудников в ГерманииThis will allow the group to save over 440 million euros.

American carmaker Ford plans to cut five thousand jobs in Germany.

This step is part of a announced in January, the European program of the group restructuring, said Ford spokesman Friday, March 15. In a letter to the group’s management Board staff notes that this measure will allow to save at least $ 500 million (in equivalent to 441 million euros).

In Germany, the number of employees of the Ford is 24 thousand people, most of them work in Cologne. According to the newspaper Kölner Stadt-Anzeiger, the company intends to provide compensation in case of dismissal of employees up to 49 years and offer early retirement to employees over 50 years old.

In February, the members of the Board of Ford has notified the Prime Minister of great Britain Teresa may on the transfer of its production from the United Kingdom. The group owns two British engine plant. A month earlier it became known that in the case of unresolved “Brekzita” (British exit from the EU) Ford may lose up to $ 1 billion.

In addition, the group management is considering closing its plants in Russia. We are talking about companies in Vsevolozhsk, Leningrad region, produce models Focus and Mondeo, as well as in Naberezhnye Chelny, which produces the EcoSport and Fiesta, said the news Agency Reuters. According to them, such measures are linked to global restructuring.

Also on March 13 the German automotive concern Volkswagen has announced that in the next five years is going to reduce from 5 to 7 thousand jobs. In particular, new employees will not recruit to places that will be freed up as a result of retirements.

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