Ford Cuts Jobs: Electric Vehicle Demand Falters in Europe

Ford slashes up to 1,000 jobs at its Cologne electric car plant amid sluggish European EV demand. Facing lower-than-expected sales, Ford will switch to a single shift in 2026, offering redundancy packages to affected workers. This move is part of a broader restructuring in Germany, including a plant closure, as Ford adapts to the evolving electric vehicle market. Hosted on Acast. See acast.com/privacy for more information.