Ford in Germany has been on a serious diet this year, and now another 2,900 employees are losing their jobs. Most at the factory in Cologne.
Ford plans to cut 2,900 jobs in Germany by the end of 2027.
This must be done as part of a larger savings plan. A large part of these cuts will affect the factory in Cologne, where the company also has its European headquarters and produces two electric cars.
In total, Ford expects to eliminate 4,000 jobs across Europe, including 800 in the UK and 300 in other EU countries.
This is written by the German news agency dpa.
Ford's decision is part of a larger restructuring in the car industry, where the transition to electric cars is currently costing several thousand jobs.
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Around a quarter of the 11,500 jobs at Ford's plant in Cologne could disappear as a result of the new round of savings, the company's works council believes.
Ford's management has explained that economic losses in the passenger car segment and high costs associated with electrification are among the main reasons for the decision. Strict requirements for CO2 emissions and competition from other electric car manufacturers also play a role.
Production of the Fiesta model with combustion engine also took place in Cologne. However, it was stopped earlier this year.
Instead, Ford has invested almost 15 billion kroner (equivalent to two billion euros) in its factory to be able to produce electric cars.
Two electric car models are already rolling off the assembly line as the first mass-produced electric cars from the European division of the American brand.
At the same time, the management criticizes the lack of a clear political strategy in Germany and the rest of Europe. Something that Ford believes will support the rollout.
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They call for market conditions to be improved through political initiatives. In England, for example, Ford wants to have VAT removed. But only on electric cars. Read more about it here .
The challenges facing Ford are not unique. Many German car manufacturers are under pressure due to falling demand for electric cars. And that has actually been the case ever since the German government removed the tax subsidy last December.
