Overview
- In a union ballot, 93.5% of participating employees endorsed the compromise, effectively ending the labor dispute.
- The plan targets the reduction of roughly a quarter of the Cologne workforce, cutting 2,900 of about 11,500 positions by the end of 2027.
- The package offers generous severance, options such as phased early retirement, and safeguards if roles shift to outside operators.
- Management and employee representatives still need to sign detailed agreements and map which jobs go when, with scheduling to be set in the coming months.
- The cost-cutting drive follows weak demand for Cologne-built electric models even as Ford’s German market share has risen to around 4.5% this year.