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Ford to cut 4,000 jobs in Europe
Ford, facing economic headwinds and weak EV sales, to cut 4,000 jobs in Europe
Ford is cutting its workforce by 4,000 in Europe and the U.K. by the end of 2027, citing headwinds from the economy and pressure from increased competition and weaker-than-expected sales of electric c
Ford cuts 4,000 jobs in Europe amid weak demand for EVs and rising competition
The job cuts will mostly affect Germany and the UK. They follow "significant losses" in Ford's passenger vehicle operations and an uncertain outlook.
Ford to cut 14% of European workforce amid weak demand for EVs
Most of the cuts come in Germany, which ended its EV subsidies last year. EV sales have dropped 28% so far this year.
2d
Germany declines to say it backs EU defence bonds after Warsaw talks
Berlin declined to say on Wednesday if it supports a proposal for the European Union to issue defence bonds, after Poland's ...
2h
Europe Is Already Facing Its Next Energy Crisis
With winter still approaching, storage is being emptied faster than usual and gas prices have surged, raising echoes of the ...
Jacobin on MSN
10d
Germany’s Project for Europe Is in Tatters
Last Wednesday, Olaf Scholz’s German government became perhaps the first indirect victim of Donald Trump’s election win. It’s ...
15h
Why Germany’s Economy, Once a Leader in Europe, Is Now in Crisis
The country is facing a second year of zero growth, with industry leaders gloomy and worried about potential tariffs from ...
2d
Europe preps for WWIII as secret German docs reveal plans for 800K troops in case Russia invades NATO
The alarm is not contained to Germany. Sweden and Norway have also recently issued pamphlets and literature instructing ...
20h
Germany considers reforming debt brake amid economic challenges
New German finance minister Joerg Kukies said on Friday that a moderate and targeted reform of the debt brake, which limits ...
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