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Ford announces 4K job cut in EU
Ford, facing economic headwinds and weak EV sales, to cut 4,000 jobs in Europe
Ford Motor Co. says it will reduce its workforce by 4,000 in Europe and the U.K. by the end of 2027, citing headwinds from the economy and pressure from increased competition and weaker-than-expected sales of electric cars.
Ford plans to cut 4,000 jobs in Europe, including 2,900 in Germany
Ford plans to cut 4,000 jobs in plants across Europe by the end of 2027 to reduce costs, including 2,900 jobs in Germany and 800 in the United Kingdom, the US carmaker said on Wednesday. Most of the reductions will take place at a Ford factory in Cologne,
Ford to Cut 4,000 Jobs in Europe as Electric Vehicle Sales Slow
The American automaker said the cost-cutting measure would help it compete with Chinese rivals in the face of slowing demand for electric vehicles.
3d
on MSN
Ford cuts European workforce by 4,000, mostly in Germany and Britain
Ford Motor Company said Wednesday it plans to cut 4,000 European jobs, citing what it called unprecedented competitive, ...
3d
on MSN
Ford retracts in Europe with layoffs and lower EV production
The EV market is struggling in Europe, where sales of new EVs in Germany dropped nearly 37 percent in July 2024 from the same ...
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