Seems like the doomsday has arrived for the Ford employees. Ford Systems which is a leading worldwide manufacturer of cars and automobiles is going for Layoffs. The news is not good for the employees of Ford. Another news of layoffs, another company joining the group of companies to go for layoffs. The firm Ford, has decided to go for Ford Lay offs or Ford Job Cuts.
How many employees may be fired by Ford layoffs?
The news is that around 850 employees will be asked to leave their jobs at Ford in Britain UK. This is around 7% of total UK employee strength of Ford.
How many employees does Ford have?
The total no. of employees at Ford UK is around 12900 as of now.
Any news of previous layoffs by the company
Ford has been firing people regulary in the last year. Here are the news for Ford Layoffs in October 2008 and Ford Layoffs in May 2008
Any plants or locations being closed by Ford?
No, there is no news about any plant closure, but transit van plant in Southampton is now having many fewer shifts than before.
Which locations will be affected by the Ford Layoffs?
500 jobs will be cut at transit van plant in Southampton. Remaining 350 other jobs will be cut in a restructuring of salaried staff.
Which segment of employees will be affected by the Ford layoffs
Though exact details are not available, it is learnt that there will be cost cutting in each functional area of Ford.
How much savings can be made by Ford Layoffs?
No news is available about the exact savings amount.
When will the Ford layoffs happen
The salaried staff job cuts will be made by May 2009.
Any severance package for the affected employees?
No info available.
What are the primary reasons of Ford Layoffs
The layoffs, along with other cost cutting measures, are in response to continuing uncertainty in the market.
Any other news about Ford?
As per Fox28 News, New car registrations in Britain are down 31% in January compared to a year earlier. It is also learnt that Ford wants to review this year's pay deal with workers.
Let's hope that alternative jobs are available to the affected employees of Ford Layoffs Job Cut
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1 comment:
Yes, US auto industry continues o suffer in Q1 as expected. The bail-out plan is doomed to fail:
http://www.wealthalchemist.com/Blog/2009/02/automakers-continue-struggle/
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