Negative
25Serious
Neutral
Optimistic
Positive
- Total News Sources
- 22
- Left
- 10
- Center
- 6
- Right
- 2
- Unrated
- 4
- Last Updated
- 61 days ago
- Bias Distribution
- 56% Left
Ford to Cut 4,000 Jobs in Europe by 2027
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. 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.
- Total News Sources
- 22
- Left
- 10
- Center
- 6
- Right
- 2
- Unrated
- 4
- Last Updated
- 61 days ago
- Bias Distribution
- 56% Left
Open Story
Timeline
Analyze and predict the
development of events
Negative
25Serious
Neutral
Optimistic
Positive
Related Topics
Stay in the know
Get the latest news, exclusive insights, and curated content delivered straight to your inbox.
Gift Subscriptions
The perfect gift for understanding
news from all angles.