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Ford to cut European jobs
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 14% of European workforce amid weak demand for EVs
Most of the cuts come in Germany, which ended its EV subsidies last year. EV sales have dropped 28% so far this year.
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.
Ford to cut 4,000 European jobs amid economic and EV challenges
Automaker says most reductions will be in Germany and the UK, citing slowing electric vehicle sales and growing market competition.
Ford to cut European jobs as EV shift, Chinese rivals take toll
Ford said it would cut around 14% of its European workforce on Wednesday, blaming losses in recent years due to weak electric vehicle demand, poor government support for the EV shift and competition from subsidized Chinese rivals.
Ford cuts 4,000 jobs in Europe amid weak demand for EVs and rising competition
The job cuts will mostly affect Germany and the UK. They follow "significant losses" in Ford's passenger vehicle operations and an uncertain outlook.
Ford To Cut 4,000 Jobs in Europe, Cites Weak EV Sales and Economic Pressures
Electric vehicle demand in Europe has been sluggish, with sales in Germany dropping significantly in the first nine months of 2024.
Ford to cut 4,000 jobs in Europe as it faces economic headwinds and weak EV sales
Ford is cutting 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 c
Ford announces 4K job cut in EU amid 'highly disruptive' shift toward stricter EV emissions standards
Ford Motor Co. said that the EU's "CO2 regulations" contributed to the decision to cut their European workforce 14% by 2027.
Ford to Lay Off 4,000 Workers in Europe and Scales Back EV Plans
Ford has announced plans to cut 4,000 jobs across its European operations while scaling back production targets for its Explorer and Capri electric vehicles (EVs). The move affects 14 percent of the automaker’s workforce on the continent,
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 ...
11d
Ford is cutting hours for some German factory employees amid lower EV demand
The carmaker has more than 4,000 employees at its Cologne plant. It also has another plant in Saarlouis, southwestern Germany ...
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