Jan 10, 2019

Ford to cut thousands of jobs in turnaround plan

Carmaker Ford has announced plans for a major shake-up of its operations in the UK and mainland Europe. Ford is talking to unions about measures to reduce costs, including focusing on more profitable models and exiting less profitable markets. Ford says there will be a "Reduction of surplus labour" across all its business functions. Ford operates two engine factories in the UK, at Dagenham, east of London, and Bridgend in Wales, as well as a joint venture with the gearbox manufacturer Getrag on Merseyside. Ford of Europe has 54,000 employees, with 13,000 in the UK. As well as the UK engine plants, it has other operations in Germany, France, Turkey, Spain, Russia, Romania, and Belgium.

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