Ford to cut 4,000 jobs in Europe: statement

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US carmaker Ford on Wednesday announced plans for 4,000 further job cuts in Europe, mostly in the UK and Germany, in the latest blow to the continent's

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US carmaker Ford on Wednesday announced plans for 4,000 further job cuts in Europe, mostly in the UK and Germany, in the latest blow to the continent’s beleaguered car industry. “The company has incurred significant losses in recent years,” Ford said in a statement, blaming “the industry shift to electrified vehicles and new competition”.

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