Ford
$F (+3,12 %) announces the reduction of 4.000 jobs, mainly in Germany 🇩🇪 and Great Britain 🇬🇧.

Ford announced that it would cut around 14% of its European workforce.

The company cited the losses of recent years, the weak demand for electric vehiclesinadequate government support for the transition to e-mobility and competition from subsidized Chinese suppliers. -Bloomberg