Transportation
Ford Plans 4,000 Job Cuts in Europe as EVs Lose Momentum
- Reductions amount to about 14% of carmaker’s local workforce
- Vice chairman says Europe, Germany lack clear EV policy agenda
This article is for subscribers only.
Ford Motor Co. will look to eliminate another 4,000 positions in Europe, further retrenching within a region where the transition to electric vehicles is losing traction industrywide.
The reductions — which amount to about 14% of Ford Europe’s workforce — will primarily hit operations in Germany and the UK by the end of 2027, pending consultations with unions and governments. The automaker also announced it will reduce production of Explorer and Capri EVs at its complex in Cologne, Germany.