Ford announces 3,800 jobs cuts across Europe, 1,300 of which are in the UK
By Daniel Harrison2023-02-20T16:32:00
Listen to our analysis on BBC Radio 5 Live from Daniel Harrison, our in-house Automotive Analyst at Ultima Media, to understand the wider context of Ford’s announcement, including Ford’s $2bn loss in 2022, the pivot to electrification, and the inevitable impact that EVs will have upon automotive industry jobs.
Ford Europe says it is reorganising its operations and product line-up to compete in a highly competitive region that is facing significant economic and geo-political headwinds. The restructuring of its business in Europe, will include the loss of 3,800 jobs over the next three years.
Listen to analysis of Ford’s plans from Daniel Harrison, our in-house Automotive Analyst at Ultima Media.