Ford to cut 3,800 jobs in Europe, mostly in Germany, UK in next 3 yrs
In an effort to streamline operations as it deals with economic headwinds and rising competition for electric cars, Ford announced on Tuesday that it will eliminate 3,800 jobs in Europe over the next three years.
According to the carmaker, 2,300 jobs would be lost in Germany, 1,300 in the U.K., and 200 in other parts of Europe. It claimed that its plan to have an all-electric fleet available in Europe by 2035 remained the same and that it would soon begin producing its first electric vehicle with European components.
The American carmaker will retain around 3,400 engineers in the region who will build on core technology provided by their U.S. counterparts and adapt it to European customers, European passenger electric vehicle (EV) chief and head of Ford Germany Martin Sander said on a press call. “There is significantly less work to be done on drivetrains moving out of combustion engines. We are moving into a world with less global platforms where less engineering work is necessary. This is why we have to make the adjustments,” Sander said.
According to Sander, the automaker’s electrification plan hasn’t changed, and its objective to provide an all-electric fleet in Europe by 2035 remains the same. Later this year in Cologne, Ford will introduce its first electric vehicle in Europe built on Volkswagen’s MEB platform. Sander said Ford is also thinking about introducing a Ford platform to Europe, perhaps to its Valencia facility.
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