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Ford plans to cut 4,000 jobs in Europe

Ford, which has owned its Cologne plant for nearly a century, plans to lay off roughly one in four employees at this facility. Globally, the company employs 174,000 people, including 28,000 in Europe. The U.S. automaker announced plans to reduce its European workforce by 4,000 within three years to lower costs. This decision comes amid […]

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