Ford to cut 4,000 jobs in Europe, cites disruptive shift to electric vehicles, economic headwinds

Ford Motor Co. is cutting 4,000 jobs in Europe and the U.K. by the end of 2027 due to economic challenges, increased competition, and lower-than-expected electric vehicle sales. The majority of job losses will occur in Germany, with reduced working hours at the Cologne plant. Ford aims to enhance its competitiveness in the evolving European automotive market.
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