Ford

Type
Internal restructuring
Country
Germany
Region
Location of affected unit(s)
Cologne, Saarlouis
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.1 - Manufacture of motor vehicles
29.1 - Manufacture of motor vehicles
1,700 jobs
Number of planned job losses
Job loss
Announcement Date
30 September 2003
Employment effect (start)
Foreseen end date
1 December 2003

Description

In order to return to profitability, Ford Germany is planning to restructure the units of Cologne and Saarlouis. The management proposed an 'early retirement' solution to the personnel. The measure is part of the European restructuring plan of Ford Europe.

Sources

  • 30 September 2003: Financial Times Deutschland
  • 30 September 2003: Der Standard

Citation

Eurofound (2003), Ford, Internal restructuring in Germany, factsheet number 59660, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/59660.