Ford is set to cut 4,000 jobs across Europe by the end of 2027, primarily affecting Germany and the UK, as part of restructuring efforts due to weak electric vehicle (EV) sales and economic challenges. This reduction represents about 14% of Ford’s European workforce, with approximately 2,900 jobs to be eliminated in Germany and 800 in the UK.
The decision is driven by significant losses and the transition to electrified mobility, hindered by consumer reluctance and the removal of government incentives, particularly in Germany.
Learn more about the all-new VT News and subscribe today!
Ford’s Cologne plant, which manufactures the Capri and Explorer EV models, will see a reduction in production, highlighting the broader industry struggle with EV adoption.
The company faces intense competition from Chinese automakers and is urging for more supportive policies and infrastructure from European governments. Consultations with labor unions are ongoing to manage the impact on employees, focusing on voluntary redundancies where possible.
Add comment