American car maker Ford is going to eliminate 3,800 jobs in Europe in the next three years.
Ford Layoffs: Ford plans to eliminate jobs related to product development and administration. Ford said that under this retrenchment, about 2300 jobs will be cut in Germany, 1300 in Britain, and the remaining 200 in Europe. The company wants to cut costs and focus on electric vehicles
Ford Layoffs: American car maker Ford is going to eliminate 3,800 jobs in Europe in the next three years. The company plans to lay off jobs related to product development and administration. Ford cited rising costs and structural changes for the decision. Apart from this, the company wants to focus on electric vehicles by cutting its expenses. Ford said that under this retrenchment, about 2300 jobs will be cut in Germany, 1300 in Britain, and the remaining 200 in Europe. It states that jobs will be cut through the Voluntary Separation Program.
What is the plan of the company?
The company said there has been no change in its strategy to offer a fully electric fleet in Europe by 2035. Production of the company’s first European-made electric car is set to begin later this year. Ford aims to cut 2,800 jobs in engineering by 2025. However, it plans to retain around 3,400 engineering jobs in Europe. The remaining 1,000 job cuts will be done in administration.
“These are difficult decisions that were not made lightly,” Martin Sander, general manager of Ford Model E in Europe, said in a statement. “We understand the uncertainty this creates for our team, and I assure them we will offer them our full support in the months ahead,” he added.
There have been layoffs before
Ford had earlier announced plans to layoffs around 3,200 employees across Europe in January 2023 as well. Around 2,500 employees from the development and around 700 employees from the administrative department lost their jobs due to the retrenchment. Even in the second half of last year, the company had laid off around 3,000 employees from different departments in the US. Let us tell you that by 2025, the company can completely shut down the Saarlouis plant in Germany.
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