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140 new news items in the last 24 hours
20 November 18:21

Ford is to lay off 14% of its European workforce, or 4,000 employees, because of losses due to low demand for electric cars.

Gabriel Neagu
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Economy
SURSA FOTO: PIXABAY
Ford's significant losses in Europe have prompted the company to announce massive layoffs, particularly in Germany and the UK. The decision comes amid difficulties caused by low demand for electric cars, lack of government support for the switch to electric vehicles and competition from China. The restructuring measures will run until 2027.

Sources

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Spotmedia
Ford concediază 14% din forța sa de muncă europeană
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Digi24
Concedieri la Ford: mii de locuri de muncă de la fabricile din Europa vor fi desființate
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Economedia
Ford concediază 14% din forţa sa de muncă europeană, pe fondul pierderilor semnificative înregistrate în ultimii ani

ȘTIRI PE ACELEAȘI SUBIECTE

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International
Nissan has begun negotiations with the French employees' union over a restructuring that may include layoffs, with talks due to conclude in October.
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Economy
BP will axe 1,500 jobs and 1,200 contractor positions as it uncovers its biggest oil reserves in 25 years.
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International
Stellantis has signed an agreement with the unions to extend the reduced working hours program at the Mirafiori plant in Turin by five months, due to weak demand.
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International
Mercedes-Benz CEO Ola Kaellenius has challenged the EU's plan to ban CO2-emitting vehicles from 2035, warning of the risks to the European car industry
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International
Elon Musk has lost $68 billion in 48 hours as Tesla's sales in Europe slumped to rival BYD.
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International
Hungarian group Docler-Byborg has announced the dismissal of 200 employees at its Budapest headquarters as part of a strategy of automation and digitization through artificial intelligence
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ford Redundancies ford electric cars employees application Europe

Informat Diaspora

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Diaspora
Tuesday 14:09

The Ministry of Foreign Affairs proposes the reintroduction of fees for consular services, including for passports and visas, affecting millions of Romanians abroad.

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