Ford will cut 4,000 jobs in Europe, mainly in Germany and the UK, as it scales back EV production amid a challenging market.

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 ...

Ford Motor Company said Wednesday it plans to cut 4,000 European jobs, citing what it called unprecedented competitive, ...

The EV market is struggling in Europe, where sales of new EVs in Germany dropped nearly 37 percent in July 2024 from the same ...

Automaker says most reductions will be in Germany and the UK, citing slowing electric vehicle sales and growing market ...

The American automaker said the cost-cutting measure would help it compete with Chinese rivals in the face of slowing demand ...

Ford became the latest carmaker to seek deep cost savings as it grapples with timid demand for electric vehicles and rising ...

The carmaker has more than 4,000 employees at its Cologne plant. It also has another plant in Saarlouis, southwestern Germany ...

Ford said it would cut around 14% of its European workforce on Wednesday, blaming losses in recent years due to weak electric ...

The job cuts will mostly affect Germany and the UK. They follow "significant losses" in Ford's passenger vehicle operations ...

Electric vehicle demand in Europe has been sluggish, with sales in Germany dropping significantly in the first nine months of ...

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 ...