Ford plans to cut 4,000 jobs in Europe, cites disruptive shift to EVs - Business News, Finance News, Share Market News - Market trendz

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Thursday, 21 November 2024

Ford plans to cut 4,000 jobs in Europe, cites disruptive shift to EVs


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 sales of electric cars.

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