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Ford announces 4 thousand layoffs in Europe: this is who is at risk

The crisis in the automotive sector in Europe it also does not ignore historical brands that have always been at the center of development, so much so that, after the mentioned reduction in facilities and operational offices by Volkswageneven another giant like Ford he knew he had to fire 4 miles people with 2027. These cuts by the US company will primarily affect its plants in Great Britain and in Germany. Also in this case, the basis for the car company’s layoffs is the lack of certainty in the future of the European market, with Ford in particular asking for more incentives to them self electricity and greater flexibility in terms of CO2 emissions.

Ford announces layoffs by 2027

“What is needed in Europe and Germany is a clear political agenda to advance e-mobility,” said the group’s chief financial officer Ford John Lawler referring to the decision made by the company fired 4 thousand workers with 2027. There are mainly two reasons pushing the American manufacturer towards this terrible decision, both of which can be found in the lack of clarity offered to the automotive sector regarding developments in Europe in the future, they are:

  • the current absence of royalty incentives to buy electric cars;
  • lack of forward flexibility CO2 emissions.

Above all, the Cologne plant is in danger

As mentioned, i 4 thousand exemptions named by Ford in Europe it will especially affect the Great Britain and the Germanywith the latter having greater influence. Going into more detail, a cut is expected 2,900 employees The Germans by the end of 2027 at the Ford plant in Colonia. The choice is not at all random, as two models of the automaker’s electric cars are produced in this German factory.

Currently, 11,500 people are employed in Cologne – data from the labor council – which means that with the layoffs announced by Ford, as many as one in four workers could lose their jobs by 2027.

The company justifies the Cologne operation by the large losses incurred in the passenger car division as a result of the move to electric cars and the high costs associated with it. In addition, what is not beneficial to the movement of the sector is the strong one competitionabove all Chineseand the tight restrictions on CO2 emissions expected in Europe.

Other signs at Ford

The layoffs announced by Ford in Europe will also cross Germany’s borders, with the second major cut affecting Great Britain. The numbers mentioned are for reference 800 current employees to be sent home, by others 300 which will instead be cut in other European countries Where Ford works.

Car manufacturers in crisis with electricity

Ford is not the only automaker in crisis due to the transition to electricity. Volkswagen set to close some of its historic factories in Germany, Audi has been ordered to stop production at its sites in Brussels while they are Stellar has requested further redundancy payments (from 16 to 22 December 2024) for workers on the GSE and V6 engine production lines in Termoli. The components are no better. The German Schaeffler he planned 4,700 layoffs.

2024-11-20 19:59:00
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