BERLIN – Germany’s IG Metall union lashed out on Wednesday at plans to cut thousands of jobs at Ford Motor (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.
Jennifer Tacker is a staff writer at ABBO News. She holds a B.A. from the University of Waterloo and a B.Ed from Western University. Jennifer has been active in the stock market and crypto sector for a decade. She specializes in technical analysis and trading strategies. Read Full Bio
