ASSET STRIPPING FEARS FOR 19,000 FORD STAFF; Jag and Land Rover sell-off.Byline: By CLINTON MANNING THOUSANDS of jobs could be at risk as Ford aims to sell Jaguar and Land Rover See LANRover. , it was feared last night. Unions and MPs branded as "asset-strippers" the private equity firms set to bid for the US giant's two UK marques - employing 19,000 - and urged ministers to step in. Labour's John McDonnell John McDonnell may refer to:
"I'm calling on the Government to intervene to prevent this sale, which could result in huge job losses." Unite union The Unite Union (Unite) is a trade union in New Zealand. It is the sponsor of the Supersizemypay.com campaign directed towards improving working conditions for fast food workers in the country. Unite is affiliated with the New Zealand Council of Trade Unions. chief Tony Woodley echoed calls for action to save jobs if the buyers were "asset-stripping private equity". Jaguar has 10,000 workers in Coventry, Birmingham, and Liverpool, while Land Rover has 9,000 in Solihull, West Mids, Halewood, Merseyside, and Gaydon, Warks. Ford, hit by a pounds 6.5billion record loss in 2006, sold Aston Martin this year. Unions were yesterday seeking urgent talks. c.manning@mirror.co.uk CAPTION(S): FEAR: Land Rover |
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