Three weeks ago while the spotlight was on Mitsubishi and the leaked plan to close their assembly line here in Australia Ford Australia quietly announced that it would be reducing production at its plants in Victoria.
Today it has announced that it wants to reduce its workforce by around 600 before Christmas and has urged workers to accept voluntary redundancies.
Ford blames competition and reduced demand in the large car market for the drop in demand.
600 jobs represents a workforce reduction of around 10% and makes interesting reading in the light of what I said here. It’s also an interesting announcement to make in the middle of the Victorian election campaign.