Ford to Slash 4,000 Jobs in Europe Amid EV Market Challenges
Ford Motor Company has announced plans to cut nearly 4,000 jobs across Europe by 2027, a move representing 14% of its regional workforce. The decision comes as the automaker grapples with weakening demand for electric vehicles (EVs), rising competition from Chinese manufacturers, and economic uncertainties in the automotive sector. The U.S.-based carmaker disclosed on Wednesday…