Catherwood LibraryILR School

Late last month, Ford announced that they would be ceasing production of all passenger cars in Russia due to inadequate returns on invested capital. Over 900 employees will be let go due to this business disruption. Many employees are unsure of what to do once the plant closes as they have limited education and have been working at the plant for over 10 years. Ford has offered workers severance packages equal to up to 12 months’ salary, but union representatives are unhappy with it as workers in other plants have received up to 2 years’ salary. The union has organized demonstrations, pickets, and work to rule at the Vsevolozhsk factory and will halt productions if its demands are not met in the months before it closes.