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Non-Tech : Ford Motor Company
F 13.96+3.6%12:56 PM EDT

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From: Savant1/25/2023 3:38:40 PM
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Ford Firing Thousands Of Employees (msn.com)

Following the news, Germany's IG Metall union vowed to disrupt Ford operations across the continent if the job cuts go ahead. A spokesperson at the automaker’s Michigan headquarters said discussions with the German works councils were ongoing. He told Reuters the company needs to be more competitive as it transitions to electric vehicles.

He did not elaborate on specific job plans. In a statement via Automotive News Europe, IG Metall said if negotiations between the works council and management in the coming weeks do not ensure the future of workers, they will join the process. "We will not hold back from measures that could seriously impact the company not just in Germany but Europe-wide," the union warned.
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