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Ford to cut nearly 4,000 jobs in Europe, including 1,300 in UK
US carmaker blames losses on rising costs and need to switch to electric vehicle production
www.theguardian.com
Ford to cut nearly 4,000 jobs in Europe, including 1,300 in UK
US carmaker blames losses on rising costs and need to switch to electric vehicle production
An engine production line at Ford’s factory in Dagenham. Photograph: Carl Court/Getty
Staff and agency
Tue 14 Feb 2023 08.55 GMT
Ford is cutting nearly 4,000 jobs across Europe, including 1,300 in the UK, due to rising costs and the need to restructure as it ramps up electric vehicle production.
The US carmaker said it plans to eliminate 3,800 product development and administration jobs in Europe in the next three years.
About 2,300 jobs will be cut in Germany, 1,300 in the UK and 200 in the rest of Europe, the company said, adding that it intends to achieve the reductions through voluntary redundancies.
More details soon …
