Ford to cut 1,000 jobs at German EV plant, says ‘demand for electric cars is below industry forecasts’ – Industry News
Ford Motor Co. announced on Tuesday that it will cut up to 1,000 jobs at its electric vehicle plant in Cologne, Germany. The company said the move comes as sales of battery-powered cars are not meeting expectations. The carmaker explained that it will try to reduce the impact on employees by using voluntary departures and … Read more