Ford announces 4,000 layoffs in Europe

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The majority of these redundancies will take place in Germany and the United Kingdom, as specified by the group, and will not affect the Valencian Almussafes factory.

The American manufacturer Ford has one adjustment plan for its activities in Europe including laying off 4,000 employees over the next three years. Most of these There will be layoffs in Germany and Great Britainas specified by the group and will not affect the Valencian Almussafes factory. However, the rest of the car company’s activities in Spain will be “minimally” affected. “We are entering into a process of information and consultation with our social partners in Europe,” the group said.

In Spain, Ford has 4,926 employees and net sales of 7,262 million euros, according to group sources. Ford justifies this move against a ‘period of disruption’ in the global automotive industryespecially economical.

Source: EITB

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