Ford Confirms 3,800 Job Cuts In Europe By 2025 Amid EV Transformation

In the next three years, the Blue Oval will eliminate a total of 3,800 jobs. The reduced complexity of EVs has prompted the company to cut ... of Ford Model e in Europe told Automotive News ... Read More

Ford (F) Plans to Continue Headcount Reduction in Europe

Last year, the company announced it would cut 3,800 jobs in Europe as it transitions to ... in the second half of 2024. This year, Ford’s EV segment saw a price drop of 20%. Read More

Ford to axe 3,800 jobs across Europe in next three years

Ford has announced it will be scrapping 3,800 ... brands in Europe, which has faced significant economic and political challenges. The job losses will create a “leaner, more competitive cost structure ... Read More

Ford to axe 1,300 UK jobs over the next three years

Ford will be scrapping 3,800 jobs across Europe including 1,300 in the UK ... cost structure” for the business and help with the transition towards a smaller, more focused and increasingly ... Read More

Ford to cut 1,300 jobs with Essex workers at risk

FORD has announced it will be scrapping 1,300 jobs in the UK, with Essex workers at risk in a major restructure. 3,800 jobs ... our business in Europe.” Ford is set to cut 1,000 jobs at ... Read More

Carmakers adjust electrification plans as EV demand slows

In July, De Meo also expressed doubts over the timeline for fully shifting its European production to EVs. GENERAL MOTORS (GM.N), opens new tab In June, GM cut its EV production ... after US jobs data ... Read More

EV slowdown, tariff threats drive Volvo to downshift its electrified ambitions

Volvo also scrapped plan to sell only fully electric cars by 2030, joining a growing roster of global automakers walking back their EV ambitions. Read More

European Carmakers Are Struggling Amid Historic EV Shift

Volvo’s about-turn on electric vehicles is an example of how many are now downplaying their EV commitments amid demand and profitability uncertainty. Click to read. Read More

JOB CUTS

ZF, the German car parts maker, planned to cut 11,000 to 14,000 jobs ... The cuts follow the announcement last month by Ford of 3,800 job cuts elsewhere in Europe, including 2,300 positions ... Read More

Car giant Ford to axe 1,300 jobs in UK in next three years

Car giant Ford has announced it will be scrapping 3,800 jobs across Europe, including 1,300 in ... for the business and help with the transition toward a smaller, more focused and increasingly ... Read More