20.11.2024 17:10
A global giant in the automotive industry, Ford has announced that it will lay off thousands of employees due to financial difficulties. The reflection of the economic downturn in the automotive sector is affecting world-renowned companies one by one. Most recently, Ford Motor has decided to lay off 4,000 people in Europe and the UK.
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The automotive industry in Europe is going through tough times. Due to many reasons such as the struggle with China, the increase in electric vehicles, and rising costs, the decline that started with Volkswagen has also spread to Ford.
Ford Motor will lay off 4,000 people in Europe and the UK, citing disruptions caused by the transition to electric vehicles and economic difficulties.
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