Ford Seeks U.K. Cost Cuts as Brexit Weighs on Europe Outlook
- More than 1,100 jobs could be lost over five years, union says
- Ford says current plans secure engine plant jobs through 2020
What Brexit Means For the Future of British Trade
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Ford Motor Co. has initiated labor talks to cut costs at a U.K. engine plant where more than 1,100 jobs are at risk, as the carmaker grapples with the aftermath of the Brexit vote and slowing growth in Europe.
“Brexit is clearly a factor here,” Len McCluskey, general secretary of Unite, Britain’s biggest trade union, said in a statement about Ford’s plant in Bridgend in south Wales. “The focus now has to be saving these jobs.”