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Ford to cut 12,000 jobs in Europe by end of 2020

Christian Fernsby ▼ | June 27, 2019
Ford said it will have cut 12,000 jobs in Europe by the end of next year.
European businesses   Ford
The challenge of investing in electric, hybrid and autonomous vehicles while having to overhaul combustion engines to meet new clean-air rules, has forced Europe’s carmakers to slash fixed costs and streamline their model portfolios.

Ford said it has ceased production at three plants in Russia, is closing plants in France and Wales, and has cut shifts at factories in Valencia, Spain and Saarlouis, Germany.