Ford to Cut 4,000 European Jobs as EV Transition Struggles Continue

The automaker cites weak demand for electric vehicles and economic challenges as it restructures operations in Germany and beyond.

Ford plans to eliminate 4,000 jobs in Europe by the end of 2027, with 2,900 cuts in Germany and smaller reductions in the UK and other markets.
The company has slowed production of its new electric Explorer and Capri models at its $2 billion Cologne EV plant due to lower-than-expected demand.
Ford's leadership has called for stronger government support in Europe, including improved charging infrastructure and consumer incentives for EV adoption.
The automaker is facing mounting competition from Chinese EV manufacturers like BYD, which is rapidly expanding its global market share.
Ford's EV division is projected to lose up to $5.5 billion this year, highlighting the financial strain of its transition to electric vehicles.