Saturday, December 20, 2025 | 07:43 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

German economy ministry in talks with Ford about planned job cuts

Image

Reuters BERLIN

BERLIN (Reuters) - The German Economy Ministry is in talks with carmaker Ford over its planned job cuts in Europe, a spokeswoman said on Friday.

Ford said on Thursday it would cut thousands of jobs, look at plant closures and discontinue loss-making vehicle lines as part of a turnaround effort aimed at achieving a 6 percent operating margin in Europe.

(Reporting by Michelle Martin; Editing by Thomas Seythal)

 

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 11 2019 | 4:33 PM IST

Explore News