Ford Motor Co. on Tuesday said it will sack 440 Australian workers as it scales back production due to muted demand, despite a multimillion-dollar government bailout earlier this year.
Ford (IW 500/6) said the jobs will be shed from its manufacturing plants in southern Australia's Geelong and Broadmeadows as part of a sweeping restructure to address plunging sales of its once-popular larger passenger vehicles, such as the Falcon saloon and the Territory SUV.
Ford Australia President Bob Graziano said the changes, which will see production pulled back from about 210 cars to 150 cars per day from November, are "essential to ensure the longer-term health of the business."
"That adjustment to production allows us to run the plant as efficiently as we can given the volumes that we're projecting for the mid- to longer-term," said Graziano.
"We have to look at our manufacturing based on what we have on a corporate basis."
Ford shed 240 jobs in Australia last April when it scaled back daily production from 260 cars. The latest cuts will leave Ford with 1,120 factory workers.
Ford said the jobs will be shed from its manufacturing plants in southern Australia's Geelong and Broadmeadows as part of a sweeping restructure to address plunging sales of its once-popular larger passenger vehicles, such as the Falcon saloon and the Territory SUV.
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