Ford to Cut 4,000 European Jobs
This is a U.K. news story, published by torontosun, that relates primarily to Ford Motor Co. news.
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European Automobile Manufacturerstorontosun
•Ford to cut 4,000 jobs in Europe, cites disruptive shift to EVs
74% Informative
Ford Motor Co. says it will reduce its workforce by 4,000 in Europe and the U.K. by the end of 2027 .
Company cites headwinds from the economy and pressure from increased competition and weaker than expected sales of electric cars.
Ford said most of the job cuts would come in Germany and would be carried out in consultation with employee representatives.
VR Score
81
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83
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71
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English
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