Ford Motor’s loss-making European subsidiary will lay off thousands of workers and slash its model line-up to concentrate on profitable vehicles
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Ford Expects Flat Sales for 2019Ford Motor released preliminary financial results for the fourth quarter that fell short of analysts’ estimates and said it expects sales to stay about flat in 2019 on a year over year basis.
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Ford Europe to slash thousands of jobs in turnaround planFord on Thursday said it will cut thousands of jobs, exit unprofitable markets a...
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Ford Europe to slash thousands of jobs in turnaround planFord said it will cut thousands of jobs, exit unprofitable markets and discontinue loss-making vehicle lines as part of a turnaround effort in Europe.
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Ford Cutting Jobs In Europe, Moving Away From Less-Profitable VehiclesThe automaker says it is not yet clear how many people will lose their jobs. The cuts come during a time of turmoil for the car industry, as automakers invest heavily in new technology.
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Ford, Jaguar slash thousands of jobs across EuropeMass-market carmaker Ford and luxury-focused Jaguar Land Rover have announced sweeping restructuring that will cost thousands of jobs in Europe.
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Ford Needs a Deal More Than CutsThe restructuring plan that Ford announced for its Europe business may help a bit, but a merger—the exit route taken by GM—would be better.
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