Ford Motor Co. to cut 4,000 jobs in Europe and UK, citing disruption from shift to electric vehicles, economic headwinds

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 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 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.

Ford has announced that it plans to slash thousands of jobs across Europe in response to the switch to electric vehicles and rising competition. In an announcement this afternoon, Ford said it would cut around 14 per cent of its European workforce,

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