Ford to cut 20% of European workforce in sweeping overhaul
Bloomberg Ford Motor Co. will eliminate about 20 percent of its workforce across Europe in a sweeping overhaul to tackle the carmaker’s falling sales in the region and lift weak profitability. The restructuring, which has been announced piecemeal, will involve reducing its manufacturing footprint in Europe to 18 facilities by the end of 2020 from 24 at the beginning of ...
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