Oliver Berg | picture alliance | Getty Images
North Rhine-Westphalia, Köln: An employee installs a door in a Ford Fiesta at the Ford plant. The US car some sort of Ford wants to cut 5000 jobs in Germany.
Ford can be cutting 5,000 jobs in Germany as well as more inside U.K. as part of an effort to reduce costs in Europe, the company said Friday.
The automaker offered voluntary separation packages for employees in Germany as well as the U.K. to help accelerate its plan to improve performance inside region, where Ford has struggled. The total number of jobs affected inside U.K. have yet to be determined.
The automaker can be undergoing a larger plan to restructure its operations worldwide, which that will’s said will cost $11 billion. Ford can be reshaping its European business into three different business groups that will focus on commercial vehicles, passenger vehicles, as well as imports. The carmaker plans to simplify its product lines as well as focus on the most profitable vehicles.
Ford said in January that will plans to partner with German carmaker Volkswagen on quite a few initiatives, including trucks as well as commercial vans for markets around the entire world.
Europe has also been difficult for Ford’s Detroit rival General Motors sold off its European business entirely in 2017, to French automaker Groupe PSA as well as French banking groun BNP Paribas.