Ford scraps 1,300 jobs in the UK as part of a wider cull of workers in Europe, as company pivots to electric cars

  • 📰 LBCNews
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 59%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Ford is cutting 1,300 jobs in the UK - about a fifth of its British workforce - which the says will help it transition to building more electric cars

The US automobile giant said that the job losses in the UK would largely hit its technical centre in Dunton in Essex, where 3,400 work at the moment.

The company said that the cuts will help it become smaller, more focused and increasingly focused on electric products. "We recognise the uncertainty it creates for our team, and I assure them we will be offering them our full support in the months ahead.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 75. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

European stocks open with modest gains ahead of US inflation data\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
Source: FT - 🏆 113. / 51 Read more »