Ford will cut 12 thousand jobs across Europe by 2020

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Ford will cut 12 thousand jobs across Europe by 2020

Ford announce the launch of a new business model for its European business in an attempt to restore profits, but the bad news is that it is already 2020, their work will lose the 12 thousand employees, or 20% of the total European workforce.

On the other hand, Ford plans to release in the markets of the Old world, three new models in the next five years, one of which will be all-electric crossover based on the Mustang.

It is reported that each new model will be mandatory to include at least one electrical version, and they will all gather at the European factories of the company.

Earlier, Ford has scaled back its operations in our country, closing three plants, on turn well as factories in France and Wales, and the plants in Valencia (Spain) and Saarlouis (Germany) will operate with fewer shifts. Overall, by the end of 2020 in Europe of 24 Ford will be 18.

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