Ford has announced plans to axe 3,800 jobs across Europe, citing difficult economic conditions and its major push toward electric vehicles
The US carmaker said Tuesday that it would cut about 2,300 jobs in Germany, 1,300 in the United Kingdom and 200 across the rest of Europe over the next three years. The layoffs will be made in the company’s product development and administrative departments. The cuts amount to about 11% of Ford’s staff in the region.
We recognize the uncertainty it creates for our team, and I assure them we will be offering them our full support in the months ahead,” Martin Sander, general manager of Ford Model e in Europe, said in the statement. Economic pressure The job cuts also come on the back of “unprecedented economic and geopolitical headwinds” in the region, a Ford spokesperson told CNN. The past year has been difficult for European manufacturers.
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