To ensure that their returns continue to rise, shareholders are now unequivocally demanding that the 800,000 or so workers employed by manufacturers and their suppliers must take a beating.
European utilities turning to large heat pumps pv-magazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pv-magazine.com Daily Mail and Mail on Sunday newspapers.
Behind the backs of the workforce, the general works council and management at Ford have agreed to cut 3,800 jobs across Europe over the next three years.
At three extraordinary factory meetings on Monday, some 14,000 workers at Ford’s Cologne plants were told by the works council where jobs were being cut.
Ford plans to cut up to 3,200 jobs in Europe, move some operations to US news.am - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news.am Daily Mail and Mail on Sunday newspapers.
Germany’s largest union, IG Metall, has vowed to fight back auto giant Ford (NYSE:F) if it goes ahead with its plans to cut up to 3,200 jobs across Europe and <.