American automaker Ford has announced plans to cut jobs in Germany. The main impact will be on the plant in Cologne, where about a quarter of jobs will be eliminated.
Written by UNN with references to Bild and AFP.
The plan announced by Ford: 2900 jobs will be cut in Germany by the end of 2027. The decision is related to the company's large losses in the passenger car segment, expensive restructuring to the production of electric vehicles, and strict environmental standards.
There will also be cuts in other countries: 800 jobs in the UK and 300 in the rest of Europe. This was reported to the France-Presse by a Ford representative.
A total of 4,000 new jobs are planned to be cut in Europe by the end of 2027, mainly in Germany and the UK.
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