BUSINESS

Ford Plans To Cut Over 3,000 Jobs

Ford is set to cut 3,200 jobs in Europe and relocate some product development work to the United States.

The workforce reduction entails 2,500 in product development and a further 700 in administrative roles.

This follows part of the shift to electronic vehicles.

The company has partnered with Volkswagen to produce 1.2 million electric vehicles over the next six years.

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Edited by Jesus Chan

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