Ford Slashes 4,000 Jobs in Europe Amid EV Struggles

Ford is making significant changes in Europe, cutting 14% of its workforce, which translates to around 4,000 jobs, primarily impacting Germany and the UK. This strategic move comes as the automaker grapples with a staggering 17.9% decline in sales, far exceeding the industry average, driven by weak electric vehicle (EV) demand and heightened competition from Chinese manufacturers.

In this video, we delve into the challenges Ford faces, including calls for increased government support and better EV infrastructure in Germany. Join us as we explore the implications of these job cuts and plant closures on Ford’s future in the competitive European automotive market.

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