Ford is cutting another 4,000 jobs in Europe as it loses ground in the global EV race
November 22, 2024
Ford is slashing another 4,000 jobs in Europe as it struggles to keep pace with the market’s shift to electric vehicles (EVs). The American automaker said a “highly disruptive” EV market and new competition are causing significant losses in the region. Ford’s announcement comes as China’s leading EV maker, BYD, is quickly catching up in global deliveries.
Ford is cutting more jobs in…
