The cuts will affect the marketing and sales departments in Spain, which are concentrated in Madrid
Ford will lay off 3,800 workers in Europe to create “a leaner and more competitive cost structure” on the continent. A restructuring that will affect 2,300 employees in Germany, 1,300 in the UK and 200 in the rest of Europe, including the offices in Madrid, but not the Almussafes factory in Valencia.
Specifically, the company will reduce its Engineering structure in Europe by 2,800 employees. “These changes are driven by the transition to 100% electric powertrains and reduced vehicle complexity. Ford will maintain a technical organization of some 3,400 positions in Europe, focused on vehicle design and development, as well as the creation of connected services.
In addition, the company will lay off some 1,000 employees to create a “more flexible cost structure for administrative functions, marketing, sales and distribution” in Europe. As for the layoffs in Spain, corporate sources have told Europa Press that the number of workers affected will be “proportional to the size of the market”, although they have not given a figure.
However, the layoffs in Spain will not affect Ford’s Almussafes plant and will be concentrated in the marketing and sales area that the car company has in Madrid, the sources consulted have indicated. Nevertheless, this does not mean that the plant will not be affected as it is believed that there will be a cut in construction sooner rather than later as until the arrival of electric cars the load will fall due to the shutdown. assembling conventional vehicles.
In this sense, there will be 1,700 redundancies in Germany related to product development and 600 related to administrative positions. In the UK there will be 1,000 redundancies in the product development area and 300 in administrative positions, while in the rest of Europe the 200 total redundancies will be split at 50% for each area.
“These are tough decisions that were not taken lightly. We recognize the uncertainty this creates for our team and I assure you that we will offer our support in the coming months. We will engage with our union partners to move forward together in building a prosperous future for our business in Europe,” said Ford Model E European General Manager Martin Sander.
“To lay the foundations for a sustainably profitable Ford business in Europe, we need to take action and change the way we develop, build and sell Ford vehicles. This will impact the organizational structure, talent and skills we will need in the future.”
Source: La Verdad
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
