Ford to cut 4,000 jobs in Europe

21/11/2024
Automotive group Ford has announced it will cut 4,000 European jobs, citing weak demand for electric vehicles (EVs), insufficient government support, and competition from subsidised Chinese rivals. The layoffs, representing 14% of its European workforce, will primarily affect Germany (2,900 jobs) and Britain (800 jobs) by 2027.

Ford Europe’s Peter Godsell said high costs and declining EV demand require “decisive action” but warned of potential further cuts if conditions worsen. German unions oppose the plans, calling for talks and threatening industrial action.

The move comes as Ford faces a 17.9% drop in European sales this year and calls for improved EV incentives and charging infrastructure. The restructuring follows earlier cuts and the upcoming closure of its Saarlouis plant in 2024.