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Ford Plans to Cut 4,000 Jobs in Europe Amid Declining Electric Vehicle Demand

Ford has announced plans to eliminate 4,000 jobs in Europe over the next three years, primarily affecting Germany, due to disappointing demand for electric vehicles. The company’s Cologne plant, which employs 11,500 staff and produces electric models like the Explorer and Capri, will see a reduction of 2,900 positions. The decline in interest for electric cars is linked to the cessation of subsidies in the EU and a weak economy, prompting calls for more investment in EV infrastructure and incentives.

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