Ford says it plans to cut 3,800 product development and administration jobs in Europe in the next three years, citing rising costs, the need for a leaner structure and changing demands as it shifts to electric vehicles.
The majority of the job losses will occur at Ford's German and British sites.abc.net.au/news/ford-cut-3-800-jobs-in-europe-pivots-to-electric-vehicles/101974044Ford plans to cut 3,800 product development and administration jobs in Europe in the next three years, the company says, citing rising costs and the need for a leaner structure as it shifts production to electric vehicles.
The news comes as a blow to unions, who said in late January that the worst-case scenario was 2,500 job cuts in Europe in product development and a further 700 in administration.The automaker signalled more cost-cutting on its results call in early February, and chief financial officer John Lawler said it would be "very aggressive" in reducing expenses in manufacturing and supply chain operations.
The US group will retain around 3,400 engineers in the region who will build on core technology provided by their US counterparts and adapt it to European customers, European passenger electric vehicle chief and head of Ford Germany Martin Sander said on a press call. Nothing has changed in the car maker's electrification strategy, Mr Sander added, with the goal of offering an all-electric fleet in Europe by 2035 still in place.
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