Ford announces 4K job cut in EU amid 'highly disruptive' shift toward stricter EV emissions standards

Ford Motor Co. expects a major reduction in its European workforce due to stricter emissions standards on electric vehicles, which the company cites as a key factor in its cutbacks. On Wednesday, the automotive giant announced that 4,000 jobs would be slashed across the U.K. and Europe by 2027 amid pressure to reach the European Union's goal of zero emissions by 2035. The loss equates to a 14% cut to the company's workforce in Europe, which, according to the Associated Press, currently stands at about 28,00 ...