Ford in an effort to reduce costs in Europe is cutting 5,000
jobs in Germany and more in the UK. The company offered voluntary
separation packages for the employees in Germany and the UK to help improve
their performance in the region. Ford is trying to reshape its business in
Europe to focus on commercial vehicles, passenger vehicles, and imports. They
are trying to focus on the most profitable vehicles, and is even trying to
partner with Volkswagen to increase the market around the world.
I think it would be interesting to see how partnering with
Volkswagen would work, for both companies may have different ideas on how to
increase the markets around the world leading to many conflicting ideas. It would
also be interesting to see how the Germany and UK workers would react to the high
amount of people being cut.
Source: https://www.cnbc.com/2019/03/15/ford-is-cutting-5000-jobs-in-germany-with-more-cuts-coming-for-the-uk.html
3 comments:
I definitely agree with Bri that seeing how a Ford and Volkswagen partnership could work is an extremely interesting prospect. Especially as Ford's European operations deal more with traditional cars, as opposed to the Truck heavy U.S. operations. Potentially Ford becomes the more discounted standard version where Volkswagen becomes the luxury brand.
Interesting article Bri. I personally think that Ford partnering with Volkswagen would be successful. It definitely would be cool to see them both working together in the market, especially when it comes to what products and cars they would produce. I know Ford is now only focusing on trucks, vans and their successful mustang in the U.S market, like Greg mentioned. So, it will be interesting to see what Ford has in store for Europe.
The Ford and Volkswagen partnership is a very interesting point , and i believe that it would be a successful one. In regards to the employment I don't think the German people are going to happy about this merger with an american company who unlike volkswagen have a little different viewpoint on employees.
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