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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...

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