American auto giant Ford will cut around 1,000 jobs at its EV plant in Germany's Cologne due to weak demand. "In Europe, demand for EVs remains well below industry forecasts...we will therefore switch production at the Cologne plant to single-shift operation from January 2026," the company said. To ease the transition for affected employees, Ford has promised voluntary redundancy packages.
short by
Shristi Acharya /
05:02 pm on
16 Sep