Ford Cuts More than 3,800 Employees to Join the Run of Electric Vehicles

By Aarti Dhapte , 21 February, 2023

With electric vehicles ruling the market, different automotive industries are planning to roll in their electric cars soon.

The U.S. manufacturer, Ford, announced that it would cut nearly 4,000 jobs in Europe in the next three years. It will hasten petrol and diesel engines switch to the electric fleet by 2035. As per the reports, the bulk redundancies will be engineers working in product development and administrative employees.

According to reports, Germany will be facing some loss of 2,300 jobs, mainly at Aachen and Ford's Cologne sites. With 1,300 job losses, the United Kingdom is also heavily affected, mainly in Dunton, Essex, while 200 more cuts are expected to be seen in the rest of Europe, as the report reveals.

Ford is the first major automotive company to announce losses directly linked to the EV transition. In an interview, Martin Sander, general manager of Ford’s electric vehicle business in Europe, tells Bloomberg, “The whole industry is going to get leaner than it was before." This is majorly due to the reason that electric motors are lesser complex than internal combustion engines. Thus, few engineers are needed to work on electric vehicle production.   

The European Parliament announced its approval on the 2035 deadline to ban new carbon-emitting petrol and diesel cars. Ford will cut 3,800 jobs cut of 35,000 European employees as it decides to go electric.

Electric Car Polymer Market by Region

Latest News

Electric Car Polymer Market by Region
Solar And Wind Energy Leads to Environmental Waste in 2024

Renewable energy is considered as an alternative to fossil fuels. Nations are replacing fossil fuels with renewables to achieve sustainability in the environment. Renewable energy sources regulate specific sectors like electricity, transportation…

Read More

Electric Car Polymer Market by Region
Sustainable Aviation Fuel From Human Waste Can Accelerate Clean Energy Transition

In the industrial applications and production sector, sustainability will play a significant role in  2024. Industries are growing interested in adopting sustainable approaches in light of the clean energy transition. The aviation industry in 2024…

Read More

Electric Car Polymer Market by Region
Battery Storage Is The Leading Energy Investment In 2024

Energy storage is the main component in the clean energy transition as it facilitates the storage and discharge of energy. Battery storage is expected to support clean energy transition in the upcoming years. A survey shows battery storage can be a…

Read More

Electric Car Polymer Market by Region
India Emerges As Leading Net Importer For Finished Steel

India leads the steel industry, being the second largest steel producer globally. However, India finishes as a net importer in the steel industry with finished steel in 2024. According to data from 2023-2024, India emerges as a net importer of…

Read More

Electric Car Polymer Market by Region
Research Finds Ways To Advance the Magnetic Modelling To Support Electric Transportations

Researchers are diving deep to study the magnetic evolution in today's new world. The newly developed magnets are necessary for green energy transformation as well. Researchers find new methods to remodel the real microstructure of neodymium iron…

Read More

Author Pic
Aarti Dhapte

Team Lead - Research