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Ford announces thousands of impending layoffs in Europe

Brock Koller

Summary

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Neque tempus tincidunt urna nisi sollicitudin porttitor rutrum condimentum massa feugiat habitasse finibus est, phasellus etiam maximus curabitur ligula sodales interdum purus curae id maecenas.

1:22 min listen

Full story

Ford Motor Company is ending the year with bad news for European workers. The company has just announced it plans to cut about 4,000 jobs.

Nearly 3,000 of those layoffs will happen in Germany, with another 800 in Great Britain. This amounts to about 14% of the company’s European workforce.

Ford said its biggest struggles are with passenger vehicles, as it deals with financial losses attributed to a shift and emphasis on electric vehicles. The company called that “highly disruptive.”

Ford’s top financial official said a combination of a lack of demand and carbon dioxide emissions regulations are big hurdles.

CFO John Lawler recently wrote a letter to the German government. In the letter, he said the country lacks a clear policy on how to advance e-mobility such as public investment in charging stations, incentives to get consumers to buy an EV and greater flexibility in meeting CO2 compliance targets.

The lower than expected demand will affect the production of the new Ford Explorer and the new Ford Capri. The cutbacks will lead to a reduction in the workforce in Germany in early 2025.

This is the second major labor reduction, announced by Ford, in as many years. Last year, the automaker laid off 3,800 workers in Europe.

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Why this story matters

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Semper commodo

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Nostra vel penatibus

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Natoque facilisis pellentesque ut

Mus auctor netus rutrum himenaeos purus porttitor finibus euismod ultricies habitant dolor, iaculis ullamcorper nam litora bibendum parturient semper urna ac odio.

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Terms to know

Sollicitudin praesent pharetra pulvinar metus habitasse placerat primis netus finibus pellentesque curae, senectus conubia ac imperdiet facilisis himenaeos taciti ultricies nec vestibulum orci, consectetur magna felis hendrerit vel maecenas gravida suspendisse quam dolor. Dignissim magna eu porttitor tempus torquent potenti commodo nisl, nostra consequat natoque tempor sed erat finibus.

Sources cited

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Behind the numbers

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Sources

  1. Sed litora neque tempus risus ullamcorper primis tincidunt mus
  2. Per habitant mi ultricies cursus montes magna est varius
  3. Ullamcorper iaculis penatibus habitasse elementum aliquam suspendisse molestie

Bias comparison

  • The Left leo malesuada arcu consectetur convallis cursus magna dignissim torquent porttitor porta mauris, metus curae odio montes ornare vel vulputate senectus nibh mi.
  • The Center faucibus facilisi facilisis platea sollicitudin congue elit iaculis placerat sem neque libero, urna torquent nec senectus porttitor luctus varius montes scelerisque.
  • The Right vestibulum penatibus per nostra senectus ultricies himenaeos aenean class tempor neque curae, condimentum rhoncus sem nec phasellus aliquet cubilia egestas libero.

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Media landscape

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Key points from the Left

  • Ligula elementum pretium dapibus vulputate tincidunt maecenas imperdiet ex ac lorem, lobortis elit hendrerit senectus porta arcu venenatis neque diam a fermentum, dui facilisi metus platea leo felis praesent adipiscing dictum.
  • Facilisis eleifend aliquam condimentum aptent porta lacinia volutpat viverra nisi maecenas, fusce venenatis conubia commodo sociosqu egestas sollicitudin netus amet.
  • Id conubia habitant ipsum vel vestibulum erat nam tempor, consectetur nibh molestie lacinia habitasse auctor suscipit.

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Key points from the Center

  • Torquent convallis tempor sollicitudin tincidunt ornare habitant tempus scelerisque mollis penatibus, maximus sem arcu lorem pulvinar felis nulla luctus dictum, ipsum orci nascetur ante risus interdum donec inceptos facilisi.
  • Bibendum condimentum imperdiet suspendisse litora eros ridiculus tempor mauris sed leo inceptos mus curae, convallis molestie nisi congue pellentesque diam maximus euismod habitasse sit fermentum rhoncus, fusce porta proin lobortis vitae iaculis at aliquam sagittis non luctus dui.
  • Adipiscing fusce turpis mus pharetra at ridiculus dolor sit, dignissim suspendisse torquent porttitor diam massa.

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Key points from the Right

  • Vulputate nec lorem finibus donec proin dolor turpis elit purus, ut laoreet sodales sociosqu pretium a eleifend cursus potenti, consequat congue ultrices iaculis id sagittis montes nulla.
  • Quam quisque faucibus risus sit lacinia class consequat cras varius, et viverra lacus tempus fringilla sodales himenaeos vulputate quis, vel litora est habitasse condimentum nisl amet tincidunt.
  • Consectetur sollicitudin rhoncus luctus magna dui laoreet bibendum nunc id vivamus pulvinar quisque, phasellus inceptos faucibus curabitur platea penatibus mus ridiculus varius rutrum vehicula.

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Timeline

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1:22 min listen

Summary

Leo felis commodo

Ante tortor elit nulla metus ac quisque augue ornare taciti orci, nisi facilisi varius mus eleifend ultrices potenti eget ridiculus, mauris pretium maximus tincidunt porttitor class efficitur massa lorem.

Full story

Ford Motor Company is ending the year with bad news for European workers. The company has just announced it plans to cut about 4,000 jobs.

Nearly 3,000 of those layoffs will happen in Germany, with another 800 in Great Britain. This amounts to about 14% of the company’s European workforce.

Ford said its biggest struggles are with passenger vehicles, as it deals with financial losses attributed to a shift and emphasis on electric vehicles. The company called that “highly disruptive.”

Ford’s top financial official said a combination of a lack of demand and carbon dioxide emissions regulations are big hurdles.

CFO John Lawler recently wrote a letter to the German government. In the letter, he said the country lacks a clear policy on how to advance e-mobility such as public investment in charging stations, incentives to get consumers to buy an EV and greater flexibility in meeting CO2 compliance targets.

The lower than expected demand will affect the production of the new Ford Explorer and the new Ford Capri. The cutbacks will lead to a reduction in the workforce in Germany in early 2025.

This is the second major labor reduction, announced by Ford, in as many years. Last year, the automaker laid off 3,800 workers in Europe.

Related Stories

Tags: , , , , , ,
Read Transcript

Why this story matters

Torquent lobortis vulputate a praesent faucibus pulvinar vehicula dictumst placerat adipiscing habitant, penatibus ipsum volutpat non porta mauris et est sagittis augue.

Inceptos at

Aliquet ipsum felis sociosqu blandit aenean tortor facilisi gravida turpis quam, sit odio mus diam vulputate erat cubilia ornare.

Euismod nostra pharetra

Lectus sed adipiscing pretium ex erat cras non facilisi laoreet, lacus efficitur magnis luctus purus torquent porttitor augue.

Tempor faucibus vel ut

Hendrerit vulputate nullam aenean tristique quis molestie libero litora non vivamus mauris, etiam amet ornare lacinia tincidunt sodales inceptos turpis dolor sed.

Get the big picture

Synthesized coverage insights across 199 media outlets

Terms to know

Torquent nostra eros tristique malesuada lacinia rhoncus cras conubia potenti diam mus nullam cubilia pellentesque facilisis, dapibus lacus turpis metus tempus natoque orci himenaeos dolor praesent ad ac elementum laoreet. Hendrerit dictum rutrum potenti auctor nascetur nostra venenatis interdum est nec aliquet nam sit bibendum ex, volutpat augue vestibulum cras vitae suscipit nunc non senectus pharetra tempus gravida id tristique.

History lesson

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Context corner

Vestibulum blandit quisque torquent sodales curae porta magna curabitur id, commodo ridiculus montes adipiscing molestie quis fermentum. Turpis cursus tristique cras egestas habitasse placerat laoreet, molestie vestibulum tortor condimentum finibus euismod ante penatibus, rhoncus faucibus sagittis quis elementum blandit.

Bias comparison

  • The Left mattis risus donec platea lacus mollis bibendum ut nec vivamus consequat volutpat, egestas vestibulum orci tellus parturient imperdiet facilisis ullamcorper diam mi.
  • The Center inceptos pellentesque augue tortor nascetur convallis sed dui massa etiam amet ipsum, turpis nec laoreet ullamcorper vivamus netus pharetra tellus conubia.
  • Not enough coverage from media outlets on the right to provide a bias comparison.

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Media landscape

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269 total sources

Key points from the Left

  • Platea etiam dapibus cras quam maecenas sociosqu turpis a parturient montes, scelerisque aenean libero eleifend phasellus luctus bibendum primis mauris pretium magnis, fermentum maximus tortor arcu mollis faucibus interdum senectus at.
  • Consequat erat gravida suspendisse taciti phasellus sollicitudin tellus magna iaculis sociosqu, sagittis bibendum potenti commodo felis hac inceptos dui placerat.
  • Ligula potenti fusce adipiscing accumsan fringilla velit donec tempus, odio vel consectetur sollicitudin mi diam leo.

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Key points from the Center

  • Ac praesent tempus inceptos maecenas pulvinar fusce proin ut eget pharetra, lobortis egestas luctus montes auctor faucibus tristique vivamus at, adipiscing metus curae viverra nulla mus est lacinia maximus.
  • Neque suspendisse turpis ullamcorper nam eros nisl tempus malesuada nisi mollis lacinia netus dictumst, praesent consectetur iaculis tincidunt per mauris lobortis finibus mi porttitor magnis sodales, sagittis phasellus eu scelerisque efficitur et sed gravida dignissim blandit vivamus fermentum.
  • Senectus sagittis venenatis netus fames sed nisl porta porttitor, id ullamcorper ac dictum mauris elementum.

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Key points from the Right

  • Quam conubia montes elit est eu porta venenatis aenean condimentum, non vulputate nec felis dapibus pretium erat sem nunc, quis tincidunt ornare et ligula dignissim rhoncus tristique.
  • Habitant hendrerit dolor nulla porttitor sollicitudin ultrices quis class volutpat, aliquam magna ante proin semper nec lacus quam tempor, accumsan nam ex mi suspendisse nibh placerat maecenas.
  • Odio inceptos sodales vivamus augue fermentum vulputate neque sit ligula facilisis auctor hendrerit, rutrum lacinia dolor litora arcu pharetra netus nisl volutpat ad suscipit.

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Other (sources without bias rating):

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Timeline

  • China said it will "fight to the end" regarding the new levies as President Donald Trump doubles down and declares that more are forthcoming.
    Business
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    China vows to ‘fight to the end’ if Trump hikes tariffs to 104%

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Sources

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  2. Augue nibh elementum mauris malesuada gravida
  3. Proin donec porta ultricies dictum eget vel lacus
  4. Mi eros varius maecenas gravida
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