Ford

Type
Internal restructuring
Country
European Union
Region
Location of affected unit(s)
Belgium, Germany
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.1 - Manufacture of motor vehicles
29.1 - Manufacture of motor vehicles
4,700 jobs
Number of planned job losses
Job loss
Announcement Date
30 September 2003
Employment effect (start)
Foreseen end date

Description

Ford Europe announced a big restructuring plan affecting 4,700 jobs in Europe, more precisely at the Genk plant in Belgium and at plants in Cologne and Saarlouis in Germany. After a restructuring plan affecting 1,400 workers at the Genk plant in 2002, 3,000 more jobs will be dismissed there. The Cologne plant will be reduced by 1,700 jobs. The measure is due to the slowdown of the motor vehicles market in Europe.

Sources

  • 2 October 2003: Le Soir
  • 30 September 2003: Financial Times Deutschland
  • 2 October 2003: Les Echos

Citation

Eurofound (2003), Ford, Internal restructuring in European Union, factsheet number 59069, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59069.