Ford to cut 14% of European jobs, blaming EV shift and rising competition

The Gazette

Summary

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The Mandate requires that a certain proportion of all manufacturers' output is zero-emission (usually meaning EVs) each year.
The Sun
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Motor company Ford is to cut its workforce by 4,000 in Europe by the end of 2027, with the bulk of employees going in Germany, as it blames the decision on pressure from increased competition and weaker than expected sales of electric cars, as well as economic headwinds.
Euronews
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Ford is planning to cut roughly 800 jobs across the UK over the next three years as part of a wider European jobs cull.
Daily Mail
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Ford is cutting 4,000 jobs in Europe after "significant losses" in its passenger vehicle operations.
Insider

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