ford to lay off 4000 workers in spain
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Ford to lay off 4,000 workers in Spain

Egypt Today, egypt today

Egypt Today, egypt today Ford to lay off 4,000 workers in Spain

Madrid - Kuna
Ford Motor Co. is poised to sack 4,000 workers at its plant in Valencia, Spain, due to dwindling sales.The move will be effective between January and October next year, according to reports here Thursday.Sales have reduced by one million cars in Europe this year, said the report, indicating that auto production in Spain for 2012 is expected to hit 152,000 cars, 60,000 lower than this year's figure.The US automaker had vowed in June to invest 812 million Euro in its plant in Valencia for the coming two years.
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ford to lay off 4000 workers in spain ford to lay off 4000 workers in spain



 
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