Ford to Cut Up to 1,000 Jobs in Germany Amid Slowing EV Demand
Ford Motor Co. will cut as many as 1,000 jobs at its electric vehicle plant in Cologne, Germany, citing weaker-than-expected demand for battery-powered cars, Fortune reported Tuesday. The company said the reductions would be carried out primarily through voluntary departures and buyouts. The move comes on top of a restructuring announced in November 2024 … Read more