Ford to cut 4,000 jobs in Europe, cites electric vehicle shift and economic headwinds
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
Ford to cut 4,000 European jobs
Ford plans to cut about 4,000 jobs in Europe, as the carmaker grapples with slowing demand for electric vehicles and fierce competition with Chinese rivals. The US company said on Wednesday the cuts would be in place by the end of 2027 and would affect about 3,
Ford to Cut 14% of European Jobs, Blaming EV Shift and Rising Competition
Ford said on Wednesday it would cut around 14% of its European workforce, blaming significant losses in recent years compounded by weak demand for electric vehicles, a lack of government support for the shift to EVs,
Ford to cut 800 UK jobs as electric car sales stall
Ford has announced it will cut 800 jobs in the UK over the next three years. The move is part of a major restructuring programme, which will see 4,000 posts closed across Europe as a whole. The company said it had to act because of difficult trading conditions,
Ford Plans 4,000 More Job Cuts in Europe as EVs Lose Momentum
Ford Motor Co. will look to eliminate another 4,000 positions in Europe, further retrenching from a region where the transition to electric vehicles is losing traction industrywide.
Alert: Ford Motor Co. to cut 4,000 jobs in Europe and UK, citing disruption from shift to electric vehicles, economic headwinds
Ford Motor Co. to cut 4,000 jobs in Europe and UK, citing disruption from shift to electric vehicles, economic headwinds. The Hearst Foundations has awarded Washington State University with a $150,000 grant.
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