Ford said it will cut 3,800 jobs in Europe over the next three years in an effort to streamline its operations as it contends with economic challenges and increasing competition on electric cars.
Ford aims to cut 2,800 of the European jobs in engineering by 2025 as a result of the transition to electric cars that are less complex, though it plans to keep about 3,400 engineering jobs on the continent. The remaining 1,000 jobs will be cut on the administrative side.
“These are difficult decisions, not taken lightly," he added."We recognize the uncertainty it creates for our team, and I assure them we will be offering them our full support in the months ahead."in North America as it reduces costs to help make the long transition from internal combustion to battery-powered vehicles.
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Ford to cut 3,800 jobs in Europe, mostly in Germany, UKBERLIN (AP) — Ford said Tuesday that it will cut 3,800 jobs in Europe over the next three years in an effort to streamline its operations as it contends with economic headwinds and increasing competition on electric cars.
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Ford to cut 3,800 jobs in Europe, mostly in Germany, U.K.Ford said Tuesday that it will cut 3,800 jobs in Europe over the next three years in an effort to streamline its operations as it contends with economic challenges and increasing competition on electric cars.
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