Ford says it has resolved to bring forward part of the summer time shutdown period of time for its British isles production functions (engine creation at Bridgend and Dagenham) to the Easter period of time. It is yet another signal of the deepening small-time period impression of the COVID-19 crisis on the industry and the have to have to adjust creation to a lot reduced marketplace demand.
Ford stated in a statement that it is ‘working intently with all our associates as we navigate via the present coronavirus results throughout the globe and our enterprise operations’.
Nonetheless, because of to the ‘dramatic impression this ongoing crisis is getting on the European marketplace and the supplier industry, we have resolved to bring forward part of the summer time shutdown period of time for our British isles functions to the Easter period of time.’
This signifies creation at Dagenham Engine Plant in east London will quickly stop from Monday, March 23. Bridgend Engine Plant in South Wales will quickly stop creation from the stop of the day on Wednesday, March 25.
In addition, the shutdown period of time will also be extended throughout the rest of the Ford enterprise in the British isles, excluding a modest range of employees supporting enterprise important actions.
All through this four-week period of time, all Ford employees will get payments at minimum equal to their foundation pay out.