The very serious difficulties facing the European automotive sector continue to wreak havoc.
4,000 job cuts is what Ford announced in recent hours. A cut in the manufacturer's workforce by the end of 2027 which would mainly affect Germany and the United Kingdom. The brand with the blue oval commented on this measure: “The company has suffered significant losses in recent years and the industry's shift to electric vehicles and new competition has been very detrimental”. A new competition that Ford talks about without naming it which mainly comes from China…
Germany, first concerned
The plan announced by Ford represents 14% of the group's workforce in Europe. Among the job cuts, 2,900 must affect Germany (definitely in bad shape), 800 in the United Kingdom and 300 in the rest of Europe, told AFP a spokesperson for Ford, which employs 174,000 people worldwide, including 28,000 people in Europe. A new announcement which comes on top of the cuts of 3,800 positions announced last year on the Old Continent.
A digital automotive journalist for many years, I also have a strong taste for motor sports.
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Published on 11/21/2024 at 06:58
