Ford Cuts Over 1,000 Jobs in Germany Amid Electric Car Sales Slump
Ford announced plans to cut over a thousand jobs at its Cologne plant in Germany as electric vehicle sales continue to underperform market expectations. The automaker will reduce production by implementing single shifts starting January 2026.Key TakeawaysFord plans to cut over a thousand jobs at its Cologne plant in Germany due to poor electric vehicle sales.The automaker will implement single production shifts from January 2026, reducing the number of workers needed.Despite investing two billion dollars in modernizing the facility for EVs, Ford’s efforts have not paid off as expected.Ford's decision comes after a significant investment to transform its Cologne plant into an advanced hub dedicated solely to electric vehicle production. However, despite this effort and previous appeals to G...