Ford, a car manufacturer, is planning to slash 370 jobs at its engine plant that is located in South Wales in the first phase of redundancies that will see up to 1,000 members of its workforce lose their jobs.
The announcement comes as Ford aims to revise its operations n Europe. This week, it announced its plans to reduce structural costs and let thousands of their employees go.
According to BBC Wales, the first lot of staff cuts at its giant plant located in Bridgend, Wales, are expected to be offered as voluntary redundancies.
The Bridgend factory employs approximately 1,700 people, however, the current contracts to produce engines for Jaguar Land Rover (JLR), as well as the Ford Ecoboost engine, are set to be terminated at the end of the year.
The plant won the investment for the Dragon engine of Ford, the latest petrol engine, however, that only employs 500 people.
The current plans could see more than half the workforce phased out by the end of 2021. It is part of the 1,150 job cuts that will be implemented across the United Kingdom.
Ford has declined to release comments regarding the figures. However, it insists that they are consulting with unions.
The Unite union has promised to fight the compulsory redundancies.
In an interview with the BBC, officer Des Quinn, stated: “It is a devastating blow for our members and their families, as well as having grave implications for the Welsh economy and the supply chain.”
He added: “Unite is fully committed to opposing any compulsory redundancies and campaigning strongly for Bridgend to have a viable future.”
He continued: “There are a number of factors behind this grim news – the main ones being challenging market conditions for carmakers generally, a lack of a coherent industrial strategy from the UK government and the uncertainty created by Brexit.”