Ford cuts 4,000 jobs in Europe, including 800 in UK, after slowdown in EV sales

finance
Created 11/20/2024
Updated 11/20/2024

Ford plans to cut 4,000 jobs across Europe, including 800 in the UK, by 2027 due to slowing demand for electric vehicles (EVs) and fierce competition from China. The reductions, about 14% of its European workforce, target administrative and product development roles, sparing UK plants in Dagenham and Halewood. Ford has scaled back EV production plans, citing economic pressures and lower-than-expected sales, while calling for relaxed UK and EU emissions mandates. Carmakers, including Ford, have pushed for hybrid flexibility to meet zero-emission targets, emphasising the need for improved EV incentives, infrastructure, and clearer policies.

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