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.

By: Business Insider

Dec 21 2024
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Ford cuts 4,000 jobs in Europe amid weak demand for EVs and rising competition

Ford said it would cut 4,000 jobs in Europe by the end of 2027 amid rising competition and weaker-than-expected demand for EVs.
The job cuts will mostly affect Germany and the UK after the company s… [+1875 chars]

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Ford cuts 4,000 jobs in Europe amid weak demand for EVs and rising competition

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