Ford Joins Wave of Automotive Layoffs, Plans to Cut 4,000 Jobs
Ford has announced plans to reduce 4,000 jobs across its factories in Europe and the United Kingdom by the end of 2027.
The automaker attributes the decision to a “period of disruption” in the global automotive industry, citing unprecedented competitive, regulatory, and economic challenges, particularly in Europe.
“We are entering a process of information and consultation with our social partners in Europe,” Ford stated.
The company is especially concerned about the health of its passenger vehicle business in Europe, which has suffered “significant” losses in recent years. The industry’s shift toward electrified vehicles and increased competition has created a “highly disruptive” environment for the automaker.
Globally, Ford’s net profit between July and September fell by 16.7% to $4.05 billion, despite a 5% increase in revenue, which reached $136.78 billion.
Additionally, weaker economic conditions and lower-than-expected demand for electric vehicles have prompted Ford to adjust its production program for new fully electric models, including the Explorer and Capri. As a result, workers at the company’s Cologne (Germany) plant will face additional production downtime.
Letter to the German Government
Ford’s CFO and Vice President, John Lawler, has sent a letter to German Chancellor Olaf Scholz, urging stronger support for the European automotive industry.
“We need a clear and unequivocal political agenda in Europe and Germany to advance mobility,” Lawler wrote, calling for public investments in charging infrastructure, significant incentives to encourage the adoption of electric vehicles, cost competitiveness improvements for manufacturers, and greater flexibility in meeting emissions targets.
These measures, Ford argues, are critical to ensuring the future viability of the European automotive sector.
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