Ford Announces to Lay-off 3,800 Jobs to Restructure Itself in Europe
Last Updated: February 15, 2023, 11:28 ISTFord India (Photo: Ford Motor Company)Ford said it will continue to invest in the design and development of electric passenger vehicles in EuropeUS automaker Ford on Tuesday announced it will eliminate 3,800 jobs over the next three years in Europe to restructure its business, creating a leaner, more competitive cost structure.By 2025, Ford plans to resize its European engineering footprint, resulting in 2,800 fewer jobs. These changes are driven by the transition to fully…