Company/Organisation:
Ford
Geographic Location
Country:
European Union
Location of affected unit(s):
Belgium, Germany
Company
Sector:
Manufacturing
Manufacture of transport equipment
29.1 - Manufacture of motor vehicles
Group:
General Motor (GM)
Employment Effects
Announcement Date:
30-09-2003
Planned Job Reductions min:
4700
Planned Job Reductions max:
4700
Type of Restructuring:
Internal restructuring
Additional Information
Ford Europe announced a big restructuring plan affecting 4,700 jobs in Europe, more precisely at the Genk plant in Belgium and at plants in Cologne and Saarlouis in Germany. After a restructuring plan affecting 1,400 workers at the Genk plant in 2002, 3,000 more jobs will be dismissed there. The Cologne plant will be reduced by 1,700 jobs. The measure is due to the slowdown of the motor vehicles market in Europe.
Sources:
02-10-2003Le Soir
30-09-2003Financial Times Deutschland
02-10-2003Les Echos
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