Ford to cut more than 5,000 jobs in Germany, others in UK

Unionized employees have ratified a new labor agreement with Ford Motor Co. In a news release, Ford said the agreement increases manufacturing competitiveness and provides $6 billion in U.S. investments, creating and securing 8,500 hourly jobs in America.....»»

The deal requires Ford to invest more than $6 billion in its U.S. manufacturing operations and create or retain 8,500 U.S. jobs, while also allowing the automaker to close an engine plant in Michigan......»»

The union said the Ford agreement includes the promise of investments that will create or save more than 8,500 jobs......»»

Ford Motor Co. agrees to invest more than $1 billion in its Louisville operations in a proposed contract with United Auto Workers. The labor agreement includes a commitment from Ford to create 8,500 new or secured jobs as well as invest $6 billion .....»»

Ford Motor Co on Wednesday said it was shutting down its oldest plant in Brazil later in the day as planned, with prospects for saving any of the jobs in doubt as talks with a potential buyer have fallen behind schedule......»»

Ford Motor Company (NYSE: F) will cut back production and lay off workers at its largest Canadian plant as it phases out its Ford Flex and Lincoln MKT models. read more.....»»

Ford Motor Company (NYSE: F) will cut back production and lay off workers at its largest Canadi.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Ford to cut 450 jobs at Canada plant on Flex, Lincoln MKT production halt.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Deutsche Bank plans to cut 18,000 jobs, including half in Germany, Bloomberg News reported, citing people famil.....»»

Germany will guarantee a 380 million euro ($418.6 million)bridging loan for Condor, the German airline owned by insolvent British travel operator Thomas Cook, to enable it to continue flying and save jobs, the economy minister said on Tuesday......»»

Ford is recalling about 322,000 cars whose batteries could catch fire due to acid leakage, trade publication kfz-betrieb reported on Monday, citing Germany's KBA federal motor authority......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Brazilian automaker CAOA reached an initial agreement to buy Ford Motor Co's plant in Sao Bernardo do Campo, the companies said on Tuesday, but CAOA could slash 1,300 jobs, according to the union representing the plant's workers......»»

Ford plans to launch its own esports virtual racing teams. Under the name Fordzilla, the company will recruit top esports drivers for teams in France, Germany, Italy, Spain and the UK. The company w.....»»

Ford is spending $50 million and creating 450 full-time jobs in Chicago to handle increased demand for new versions of the Ford Explorer and Lincoln Aviator......»»

Ford is spending $50 million and creating 450 full-time jobs in Chicago to handle increased demand for new versions of the Ford Explorer and Lincoln Aviator......»»

Ford Motor Co said on Monday it would invest $50 million upgrading a Chicago facility to partially assemble hybrid electric SUVs and vehicles for police use, creating 450 jobs......»»

U.S. online retail giant Amazon plans to open a new warehouse in Germany this year and create more than 2,800 jobs with permanent contracts in what is its second-biggest market after the United States......»»