Ford Motor Co. is trimming 4,000 jobs in Europe and the UK by late 2027, shaking up 14% of its European workforce. The cuts hit hardest in Germany and the UK as Ford battles fierce competition from firms like China’s BYD and grapples with a 15.3% sales drop this year.
Despite the bumpy EV road, Ford remains Europe-focused, planning to roll out more affordable electric vehicles and boost its commercial lineup. They're also waving for government support to navigate the “highly disruptive” EV landscape with a mix of resilience and hope.