News
Ford Preparing More Layoffs Of Its European Workforce
Ford is rapidly thinning its European workforce. The elimination of thousands of jobs has already been announced, but it may not stop there. According to the chairman of the general works council of the Ford plant in Cologne, more jobs will be lost in Europe.
This is evident from the reports going around. Last year, Ford announced that it would eliminate 3,800 jobs in Europe, including as many as 2,300 in Germany. Earlier this month, it emerged that on top of those 3,800 jobs, Ford is eliminating up to 1,600 jobs in Valencia, Spain. It may not stop there. The chairman of the general works council of Ford Werke, the Ford plant in Cologne, says that Ford is further reducing its workforce in Germany, Spain, and the United Kingdom.
It is not yet clear when and how many jobs will be lost and where. Ford is currently going through a tumultuous period. It has taken the Fiesta out of production, and the Focus will disappear in the foreseeable future. In the form of the Explorer, Ford has presented a new electric SUV, but it has used Volkswagen’s MEB basis for it, as well as for the yet-to-be unveiled and possibly Capri sportier alternative to that car. As far as European sales go, Ford has seen better days. In the first four months of this year, Ford sold 109,346 cars in the EU, a whopping 15.5 percent less than in the same period last year.



-
News1 week agoLamborghini Revuelto SV Sets Production-Car Lap Record Ahead Of August 14 World Premiere
-
Business5 days agoDangote Cement Rewards Top Distributor With New 2026 Lexus LX700h Worth Over ₦400 Million
-
News1 week agoDavido’s Mystery Supercar? Mansory Teases One-Off Open-Top Masterpiece Believed To Be Bugatti Mistral
-
News1 week agoThe Four-Cylinder Engine Issues With Jaguar Land Rover Are Still There
-
News1 day agoUltra-Rare, Centre-Driving McLaren F1 GTR Fetches Record $34.6 Million At Auction
-
Auto Sport1 week ago7:32 Minutes: All-New Mercedes-AMG CLA 45 Sets Nürburgring Record As Fastest In Its Class
-
News2 days agoMansa Fulfills Challenge: TikTok Star Peller Gifted ₦300 Million Mercedes-Benz G-Wagon
-
News6 days agoMoment Fiat Panda Drives Onto Runway And Crashes Into Private Jet Taxiing At Milan Airport
