The carmaker said the European auto industry is facing unprecedented competitive, regulatory, and economic headwinds. "It is critical to tak
Ford Motor Company will reduce its UK workforce by approximately 800 positions over the next three years. This action aligns with a broader European restructuri
The Ford Motor Company is cutting 4,000 jobs in Europe by the end of 2027 to reduce costs as its passenger vehicle business suffered significant losses in the
US automaker Ford Motor has announced plans to cut an additional 4,000 jobs mostly in Germany and the UK amid falling demand for electric vehic
Ford plans to cut 4,000 jobs in Europe, including around 800 in the UK, following a slump in electric vehicle (EV) sales. The carmaker, which employs 5,300
Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union.Volkswagen is inching closer to widespre
Ford Motor Co. has announced plans to reduce its European workforce by 14%—eliminating 4,000 jobs by the end of 2027—as it faces mounting challenges in the
Breadcrumb Trail LinksPMN BusinessStocks fell as traders remained on edge about the war in Ukraine, while a revenue forecast from Nvidia Corp. failed to meet lo
Normally, layoffs are welcome news to shareholders. And with good reason; they mean huge cost savings and often serve as a sign that the business is prepared to
Ford Motor Company has announced plans to cut 4,000 jobs in Europe and the U.K. by the end of 2027, attributing the decision to sluggish electric vehicle (EV) s