Ford Announces Layoffs For 1,600 Staff At Louisville Assembly Plant

Following the end of a 41-day strike, Ford Motor Company F is laying off around 1,600 employees at its Louisville Assembly Plant, confirmed a company representative.

According to the Detroit Free Press report on Saturday, the layoffs are a result of parts-related issues and will continue throughout November. The plant, which employs 3,483 workers, is responsible for the production of the Ford Escape and Lincoln Corsair.

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The layoffs will impact the second shift of production during the week of Nov. 6, and the third shift of production in the week of Nov. 13. The weeks of Nov. 20 and Nov. 27 will see all production shifts and the entire production line on layoff, respectively.

In late October, Ford proposed a two-week unpaid personal leave to several United Auto Workers members at the Louisville Assembly. A tentative agreement was reached on Oct. 25, ending the UAW strike against Ford. The Louisville Assembly was exempted from the strike action.

As of the latest trading session, Ford's shares traded at $10.56.

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