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Ford surpasses over 5,000 jobs in Germany, cuts across Europe



Ford Motor has more than 5,000 jobs cut in Germany and an undetermined number of jobs in the UK, a spokesman from the company said Friday, after the company had to redefine plans earlier this year for its European business. struggle.

"The goal is to significantly reduce structural costs, reduce bureaucracy, empower leaders and managers and eliminate less value work," said Ford spokesman. changing the company's European business, announced in January. At that time, the car maker said thousands of jobs in Europe would emerge. Last October, Ford informed employees of a global restructuring.

The company has offered voluntary partition programs to employees in Germany and the UK.

A spokesman also said that further measures, including potential job reductions, will be needed throughout the European operation, but are still being developed

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The vehicle industry is heavily dependent on the impact of electric vehicles and autonomous driving. Ford CEO Jim Hackett is implementing cost reduction measures.

wrote to Donato Paolo Mancini at donatopaolo.mancini@dowjones.com; @donatopmancini


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