Ford plans to cut about 4,000 jobs in Europe as the carmaker grapples with slowing demand for electric vehicles and fierce competition with Chinese rivals.
The US company on Wednesday said the cuts would be in place by the end of 2027 and would affect 2,900 jobs in Germany and 800 in the UK, representing about 14 per cent of its 28,000-strong workforce in Europe.
Source: Financial Times
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