• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

Union says layoffs at Ford spell ‘incremental death’ for German site

by November 27, 2024
written by November 27, 2024

BERLIN (Reuters) – Germany’s IG Metall union lashed out on Wednesday at plans to cut thousands of jobs at Ford (NYSE:F), saying that the restructuring would spell a slow death for the U.S. automaker’s production site in Cologne.

“In our view, this would be an incremental death,” IG Metall representative Kerstin Klein said of the plans’ expected impact on the Cologne plant.

“We know the toolbox available in such a dispute and will not hesitate in giving the workforce the appropriate outlet for their anger,” David Luedtke, a workforce representative, said in the statement from the union.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
US weekly jobless claims decline further
next post
CTA stock exposure is long US, short Europe, UBS analysts say

You may also like

BASF results down on impairments, restructuring

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Lawyer group urges overhaul of US bank charter...

January 27, 2025
Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!








    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Dell family donation to offer 25 million kids $250 to open ‘Trump accounts’

      December 3, 2025
    • Prada Group says it has purchased fashion rival Versace in a deal worth nearly $1.4 billion

      December 3, 2025
    • Shopify says a daylong Cyber Monday outage has been resolved

      December 3, 2025
    • Apple’s AI chief abruptly steps down

      December 3, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (677)
    • Stock (6,426)

    Latest News

    • Dell family donation to offer 25 million kids $250 to open ‘Trump accounts’
    • Prada Group says it has purchased fashion rival Versace in a deal worth nearly $1.4 billion

    Popular News

    • UK police forces quietly withdraw from X platform amid content concerns
    • Alibaba, Pinduoduo among Tuesday’s afternoon market cap stock movers

    About The Significant deals

    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy