
Job loss and despair – What awaits fate of nearly 45,000 employees working for Ford, dealerships?
Zee News
The company's decision has left employees and dealers in lurch. Around 4,000 Ford employees in addition to another 40,000 employed with the dealerships are expected to be affected by the company`s restructuring.
New Delhi: US auto major Ford Motor on Thursday announced that is going to shut its two manufacturing plants in India in Chennai (Tamil Nadu) and Sanand (Gujarat). “Ford Restructures India Operations: To cease vehicle manufacturing in Chennai & Sanand; Progressively wind-down manufacturing of vehicles for export at Sanand plant by Q4 2021 & Chennai engine/vehicle assembly plants by Q2, 2022; To continue engine manufacturing for export,” tweeted Ford. (Also read: Ola S1, S1 Pro electric scooter online sale postponed due to technical glitch) Ford Restructures India Operations: To cease vehicle manufacturing in Chennai & Sanand; Progressively wind-down manufacturing of vehicles for export at Sanand plant by Q4 2021 & Chennai engine/vehicle assembly plants by Q2, 2022; To continue engine manufacturing for export. pic.twitter.com/E1PXmW7RgqMore Related News
