Ford To Cut 4,000 Jobs Amid EV Challenges
Edited By WION Video Desk
Published: Nov 21, 2024, 05:40 IST | Updated: Nov 21, 2024, 05:40 IST
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Ford has announced a major restructuring in Europe With plans to cut 4,000 jobs or roughly 14 percent of its European workforce. This comes as the automaker grapples with weak demand for electric vehicles... A challenging economic environment.. And increasing competition... Particularly from Chinese EV makers.
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