Ford has announced that it agrees to a job protection plan at its Cologne factory, covering more than 10,000 workers, thus focusing on voluntary redundancies.
According to “Reuters,” Ford’s production units in Germany are going through difficult times due to the global decline in demand for 100% electric cars, with job reductions in Cologne and the imminent closure of the Saarlouis factory representing a new blow to Germany’s prestige as a car manufacturing hub.
Ford has already made it known that the structure, valid until 2032, includes the reduction of 2,900 jobs, announced by the company last November.
“The announced cuts are primarily voluntary layoffs. The compensation packages are generous and significantly better than usual in the automotive industry.”, said Benjamin Gruschka, head of the workers’ council, as quoted by “Reuters.”
It is worth noting that Ford has invested $2 billion in transforming the Cologne production unit into an electric vehicle manufacturing center. However, the American brand has asked the German government to provide more incentives for the purchase of electric vehicles and better charging infrastructure to assist drivers in the transition to electric mobility.
