Ford plans to cut 2,900 jobs in Germany by the end of 2027

By Yahoo! Finance   |   1 year ago
Ford plans to cut 2,900 jobs in Germany by the end of 2027

Ford plans to reduce costs by cutting 2,900 jobs in Germany by 2027, mainly at its Cologne factory and European headquarters. The US carmaker is restructuring its operations due to weak sales, consumer reluctance to switch to electric cars, and the end of government incentives in Germany.

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