EMCC European Monitoring Centre on Change

Ford

Company/Organisation:
Ford

Geographic Location

Country: Germany
Location of affected unit(s): Köln, Aachen, Saarlouis

Company

Sector: Manufacturing
Manufacture of transport equipment
29.10 - Manufacture of motor vehicles
Number Employed: 24000
Group: Ford

Employment Effects

Announcement Date: 15-03-2019
Planned Job Reductions min: 5000
Planned Job Reductions max: 5000
Type of Restructuring: Internal restructuring
Employment Effect Start: 15-03-2019
Other Job Reduction Measures: 5000

Additional Information

The US car manufacturer Ford announced 5,000 dismissals in Germany due to internal restructuring. The job reduction is part of Ford’s global savings programme (24,000 jobs cut), intending to save USD 500 million (€445,8 million). In the last 10 years, Ford has not been able to get a sustainable positive operating result in Germany. All three production sites in Germany are facing cuts – Cologne, Aachen and Saarlouis. Furthermore, both permanent staff and temporary workers will be affected by the job reduction. An exact distribution has yet to be announced. Ford plans to avoid compulsory redundancies and intends to achieve the job reduction by offering severance payments to employees aged 49 and younger or offering early-retirement programmes to employees aged 50 or older. Currently, Ford has 24,000 employees in Germany.

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