Trending: Ford to Cut European Production Development Jobs, German Trade Union Says
January 24 2023 - 4:50AM
Dow Jones News
0916 GMT - Germany's IG Metall trade union is among the most
mentioned topics across news items over the past 12 hours,
according to Factiva data, after it said that Ford Europe is poised
to cut jobs and relocate positions from Germany. The labor union
said Ford's European operation is planning on cutting a
"four-digit" number of positions in product development and that
these activities would be repatriated to the U.S. It said the
company plans to make additional reductions, affecting
administrative activities, across its German sites in the coming
years. Ford Europe didn't respond to a request for comment. Dow
Jones & Co. owns Factiva. (pierre.bertrand@wsj.com)
(END) Dow Jones Newswires
January 24, 2023 04:35 ET (09:35 GMT)
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