US EditionFord agrees voluntary redundancies for troubled e-car site in Cologne
COLOGNE, GERMANY, JUL 11 – Ford and IG Metall agreed on voluntary redundancies and job security until 2032 at the Cologne EV plant, covering over 10,000 workers amid industry restructuring, union said.
- On Friday, Ford and IG Metall agreed to a job protection scheme at Cologne's EV plant, covering over 10,000 workers with voluntary redundancies planned.
- Ford's European restructuring stems from sluggish EV sales, high €2.3 billion refit costs, and plans to close Saarlouis, prompting voluntary redundancies at Cologne.
- According to sources, Ford offers generous severance, a trade-place option, and a safety net to workers affected by voluntary redundancies at the Cologne plant.
- The agreement awaits IG Metall members’ ballot approval, with concerns over long-term Cologne plant production prospects remaining unresolved.
- Ford’s long-term job security framework until 2032 covers over 10,000 employees at Cologne, amid calls for more government EV incentives and infrastructure support.
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HeiseThe IG Metall and the management at the crisis-ridden Ford plants in Cologne have agreed on regulations for the planned job reduction. By the end of 2027 almost 3,000 employees are to go.
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Ford agrees to voluntary redundancies for troubled EV site in Cologne
Ford has agreed to a job protection scheme at its Cologne plant covering more than 10,000 workers, with voluntary redundancies planned in response to the sluggish uptake of electric cars, the company and German employee representatives said on Friday.
·Johannesburg, South Africa
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In the dispute over job cuts at the Ford plant in Cologne, the company has agreed on social measures with IG Metall.
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Coverage Details
Total News Sources19
Leaning Left3Leaning Right1Center5Last UpdatedBias Distribution56% Center
Bias Distribution
- 56% of the sources are Center
56% Center
L 33%
C 56%
11%
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