Ford Restructures Europe Operations: Should Investors Stay on Board?

Ford (F) is set to reduce its European workforce by around 4,000 employees, approximately 14% of its regional headcount, citing weak demand for electric vehicles (EVs), insufficient government support for the EV transition and competition from subsidized Chinese automakers. The layoffs, representing 2.3% of Ford's global workforce of 174,000, will primarily impact Germany and the U.K., with 2,900 and 800 positions cut, respectively. The U.S. auto giant plans to complete the layoffs by 2027. The move is part ...