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 EV market is struggling in Europe, where sales of new EVs in Germany dropped nearly 37 percent in July 2024 from the same ...
Globally, the layoffs represent about 2.3% of Ford's workforce of 174,000. The measures will be a big blow for Germany in ...
The American automaker said the cost-cutting measure would help it compete with Chinese rivals in the face of slowing demand ...
Ford Motor Co. will look to eliminate another 4,000 positions in Europe, further retrenching within a region where the ...
Ford continues restructuring in Europe as EV losses mount and competition intensifies. Should investors reconsider their ...
Ford plans to cut another 4,000 jobs in Europe by the end of 2027 as part of its restructuring. The company blamed the “weak ...
Ford plans to cut almost 4,000 jobs in Europe over the next three years, about 14% of its workforce in the region, as the ...
The job cuts will mostly affect Germany and the UK. They follow "significant losses" in Ford's passenger vehicle operations ...
Ford Motor Co. on Wednesday said it's reassigning about 400 workers to other southeast Michigan plants for reduced production ...
Electric vehicle demand in Europe has been sluggish, with sales in Germany dropping significantly in the first nine months of ...