Buzz People

Ford to cut 12,000 jobs in Europe

Car giant Ford has said it is planning to cut about 12,000 jobs across its European operations by the end of 2020.
The carmaker is trying to cut costs and restructure its European business, which is losing money.
It plans to have closed five of its plants by the end of next year, including the Bridgend engine plant in Wales, and it is selling another.
Ford, which employs 51,000 people in Europe, hopes to achieve most of the cuts through voluntary redundancy.
The whole car sector is currently struggling to cope with weak or falling demand in major markets, and the huge investments required for the shift towards electric vehicles.

https://www.bbc.co.uk/news/business-48787165
Register Now