Ford to axe 4,000 jobs in Europe

By Yahoo! Finance   |   1 year ago
Ford to axe 4,000 jobs in Europe

Ford plans to reduce its European workforce by 4,000 to enhance cost competitiveness and ensure long-term sustainability. The company aims to address losses in its passenger vehicle business amid industry changes towards electrified vehicles. Despite challenges, Ford remains committed to Europe through investments in electrified vehicles and transformation efforts.

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