{"id":359195,"date":"2024-11-20T17:49:05","date_gmt":"2024-11-20T17:49:05","guid":{"rendered":"https:\/\/www.techopedia.com\/?post_type=news&#038;p=359195"},"modified":"2024-11-20T17:49:05","modified_gmt":"2024-11-20T17:49:05","slug":"ford-to-axe-4000-jobs-in-europe-amid-faltering-ev-sales","status":"publish","type":"news","link":"https:\/\/www.techopedia.com\/news\/ford-to-axe-4000-jobs-in-europe-amid-faltering-ev-sales","title":{"rendered":"Ford to Axe 4,000 Jobs in Europe Amid Faltering EV Sales"},"content":{"rendered":"<p><strong>Ford has announced restructuring plans that will see it reduce its European workforce by 4,000 positions by the end of 2027.<\/strong><\/p>\n<p>As part of a series of measures to ensure the company can maintain the \u201clong-term sustainability and growth of its business in Europe\u201d the cuts will predominantly effect the UK, where <a href=\"https:\/\/www.autocar.co.uk\/car-news\/consumer\/ford-cut-800-uk-jobs-part-major-european-restructure\" target=\"_blank\">Autocar<\/a> suggests up to 800 roles could be at risk, and the Saarlouis plant in Germany where 2,700 jobs will be axed from the factory.<\/p>\n<p>However, Ford has not stated exactly what areas the job cuts will affect in the UK, with Autocar suggesting that admin, commercial and development roles are most at risk, rather than workers at its Dagenham engine factory or Halewood transmission plant.<\/p>\n<p>The news follows an <a href=\"https:\/\/www.techopedia.com\/news\/ford-slows-capri-and-explorer-production-amid-lower-than-expected-ev-demand\">announcement from Ford last week<\/a> that it would also slow production of the all-electric Explorer and Capri models at its recently refurbished plant in Cologne, citing a cooling off in demand for the company\u2019s EVs.<\/p>\n<p>In an official statement, Ford confirmed that the Cologne plant would experience short-time working days in the first quarter of 2025, claiming that a weak economic situation and lower-than-expected demand for electric cars had forced the company\u2019s hand.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Breaking news: Ford is planning to cut about 4,000 jobs in Europe as the carmaker grapples with slowing demand for electric vehicles and fierce competition with Chinese rivals <a href=\"https:\/\/t.co\/5X7J56LrCG\" target=\"_blank\">https:\/\/t.co\/5X7J56LrCG<\/a> <a href=\"https:\/\/t.co\/oa8Ht1Sd7z\" target=\"_blank\">pic.twitter.com\/oa8Ht1Sd7z<\/a><\/p>\n<p>&mdash; Financial Times (@FT) <a href=\"https:\/\/twitter.com\/FT\/status\/1859232481431474646?ref_src=twsrc%5Etfw\" target=\"_blank\">November 20, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The axing of 4,000 jobs represents a reduction of around 14% of its 28,000-strong workforce across Europe, but Dave Johnston, Ford\u2019s European vice president for transformation and partnerships, claims the move is \u201ccritical\u201d to ensure Ford\u2019s future competitiveness in Europe.<\/p>\n<p>The company is calling for industry representatives, policymakers, trade unions, and social partners to come together in order to promote a \u201csuccessful industry transformation\u201d.<\/p>\n<p>John Lawler, vice chairman and chief financial officer of Ford Motor Company stated in an open letter to the German government that Europe lacked an \u201cunmistakable, clear policy agenda to advance e-mobility, such as public investments in charging infrastructure, meaningful incentives to help consumers make the shift to electrified vehicles, improving cost competitiveness for manufacturers, and greater flexibility in meeting CO2 compliance targets.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The reductions \u2014 which amount to about 14% of Ford Europe\u2019s workforce \u2014 will primarily hit operations in Germany and the U.K. by the end of 2027. <a href=\"https:\/\/t.co\/JiCaA5yYxk\" target=\"_blank\">https:\/\/t.co\/JiCaA5yYxk<\/a><\/p>\n<p>&mdash; FORTUNE (@FortuneMagazine) <a href=\"https:\/\/twitter.com\/FortuneMagazine\/status\/1859273115332644900?ref_src=twsrc%5Etfw\" target=\"_blank\">November 20, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>There have been similar concerns raised by a number of automotive manufacturers in the UK, where the zero-emission vehicle (ZEV) mandate, which demands carmakers sell an increasing proportion of electric vehicles each year, is proving difficult to meet and is creating an \u201cunstable environment\u201d, according to Peter Godsell, vice-president of Ford in Europe.<\/p>\n<p>A number of automakers are calling for a relaxing of the ZEV mandate rules, although they are facing fierce opposition from EV charging and infrastructure companies that say turning back on the decision could endanger the millions of pounds already invested.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ford has announced restructuring plans that will see it reduce its European workforce by 4,000 positions by the end of 2027. As part of a series of measures to ensure the company can maintain the \u201clong-term sustainability and growth of its business in Europe\u201d the cuts will predominantly effect the UK, where Autocar suggests up [&hellip;]<\/p>\n","protected":false},"author":287317,"featured_media":359216,"comment_status":"open","ping_status":"closed","template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","om_disable_all_campaigns":false,"footnotes":""},"news-category":[2143],"class_list":["post-359195","news","type-news","status-publish","format-standard","has-post-thumbnail","hentry","news-category-emerging-tech"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ford to Axe 4,000 Jobs in Europe Amid Faltering EV Sales - Techopedia<\/title>\n<meta name=\"description\" content=\"Ford has announced restructuring plans that will see it reduce its European workforce by 4,000 positions by the end of 2027. 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