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29/03/2007
Ford to cut 365 jobs in the UK
US car manufacturer Ford has announced that it is to close its foundry in Leamington Spa with the loss of 365 jobs.
The Warwickshire plant, which is understood to be making losses of around £10 million per year, is set to close in July.
Ford said that the factory was "uncompetitive".
Ford President John Fleming said that there would be no compulsory redundancies and that workers would be offered early retirement, voluntary redundancy or redeployment.
(KMcA/SP)
The Warwickshire plant, which is understood to be making losses of around £10 million per year, is set to close in July.
Ford said that the factory was "uncompetitive".
Ford President John Fleming said that there would be no compulsory redundancies and that workers would be offered early retirement, voluntary redundancy or redeployment.
(KMcA/SP)
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Police appeal over missing businessman
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Police appeal over missing businessman
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