• 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

Ryanair cuts 2026 traffic forecast amid ongoing Boeing...

January 27, 2025
Sign up and get the scoop before anyone else—fresh updates, and secret deals, all wrapped up just for you. We're talking juicy tips, fun surprises, and invites to events you actually want to go to. Don’t just watch from the sidelines—jump in and be part of the magic!








    By signing up, you're cool with getting emails from us. Don’t worry — your info stays safe, sound, and strictly confidential. No spam, no funny business. Just the good stuff.

    Recent Posts

    • Elon Musk’s SpaceX acquires xAI

      February 25, 2026
    • The architect of Amazon’s supply chain on running a startup with your spouse

      February 25, 2026
    • Trump administration alleges Nike discriminated against white workers

      February 25, 2026
    • Landmark trial accusing social media companies of addicting children to their platforms begins

      February 25, 2026

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (688)
    • Stock (6,426)

    Latest News

    • Elon Musk’s SpaceX acquires xAI
    • The architect of Amazon’s supply chain on running a startup with your spouse

    Popular News

    • Explainer-How to impeach a South Korean president
    • Tight credit conditions add to case for Fed interest-rate cut

    About The Significant deals

    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 thesignificantdeals.com | All Rights Reserved

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