Ford to Cut Nearly 4,000 Jobs in Europe

Date: 14 February 2023 - 22:00

News ID: ۱۱۲۴۵۴

BERLIN (Reuters) -- Ford plans to cut one in nine jobs in Europe, axing 3,800 roles in product development and administration as part of a drive to lower costs in the region and concentrate engineering know-how in the United States, the automaker said on Tuesday

The U.S. carmaker leads the European market for commercial vans, but has struggled to make strong profits from passenger cars, and warned this month it would be “very aggressive” in reducing manufacturing and supply chain expenses this year.