Ford says To Layoff 3,600 jobs In Germany, UK

🕘 Posted on: February 14, 2023 | Last updated on: February 14, 2023
Ford says To Layoff 3,600 jobs  In Germany, UK - Latest News

Ford stated on Tuesday that it will eliminate 3,600 positions throughout Europe, including 200 in other countries and 3,600 in the UK and Germany. Ford cited the need to become "leaner" as the market for electric vehicles heated up. The corporation said that over the following three years, 1,300 employees in Britain and 2,300 in Germany will be eliminated from product development and administrative roles. It did not state which nations will lose the other employment. Martin Sander, general manager of Ford Model E in Europe, remarked, "These are challenging decisions, not chosen lightly." We understand the uncertainty it causes for our team, and I can tell them that we will provide them all of our support in the next months. The business said that a choice had been taken.to revitalise its European operations and successfully compete with a new lineup of passenger cars.The 3,200 job losses anticipated by the IG Metall union in January have not materialised in Germany. In order to create a leaner, more competitive cost structure, the corporation is taking steps to reorganise its operations in Europe, according to Ford. In response to rapidly shifting market circumstances and an expanding number of electric car rivals entering the market, the firm is "taking the next stages in the restructuring of its business." Ford experienced a $2 billion loss last year and into the red. Ford has made significant investments in electric cars, much like its competitors, and has introduced emission-free versions of popular vehicles like the F-series pickup truck. By 2035, Ford intends to have an all electric fleet available in Europe, according to the company.

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