• Latest
  • Trending
  • All
  • Politics
  • Economy
  • Security
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Opinion
  • Columns
  • Exposé
  • World
  • Lifestyle
Ford To Lay Off Over 4,000 Staff In Europe

Ford To Lay Off Over 4,000 Staff In Europe

1 year ago
Nigeria: Two-Year Oil Fire Sparks ‘Genocide’ Outcry In Rivers Community

Nigeria: Two-Year Oil Fire Sparks ‘Genocide’ Outcry In Rivers Community

2 hours ago
War In Ukraine Pushing Poverty Higher —World Bank

World Bank Unveils $8.2bn Plan To Light Up 300 Million Homes By 2030

17 hours ago
Mugabe’s Son Slammed With Fine, Set For Deportation From South Africa 

Mugabe’s Son Slammed With Fine, Set For Deportation From South Africa 

22 hours ago
France Advises Citizens To Leave Mali After Coordinated Attacks

France Advises Citizens To Leave Mali After Coordinated Attacks

22 hours ago
Mali: Junta Leader Reappears In Bamako After Coordinated Attacks

Mali: Junta Leader Reappears In Bamako After Coordinated Attacks

2 days ago
Thursday, April 30, 2026
  • About
  • HT Management
  • Privacy Policy
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    Benin: Constitutional Court Affirms Election Of Wadagni As President

    Benin: Constitutional Court Affirms Election Of Wadagni As President

    Pope Meets Prison Inmates In Equatorial Guinea Visit

    Pope Meets Prison Inmates In Equatorial Guinea Visit

    President Lula Slams Trump Rejection Of South Africa At G20 Summit

    President Lula Slams Trump Rejection Of South Africa At G20 Summit

    Senegal Says Ex-President Sall Has No Home Support For UNSG Candidacy

    Senegal: Ex-President Macky Sall To Be Grilled This Week For UN Top Job

    President Mahama Congratulates Congo’s Counterpart On Inauguration

    President Mahama Congratulates Congo’s Counterpart On Inauguration

    Cameroon: President Biya Returns Home After 42 Days Absence

    Cameroon: Biya Signs New Law That Restores Vice Presidency

    Ramaphosa Appoints New Ambassador To US After Rasool’s Expulsion 

    Ramaphosa Appoints New Ambassador To US After Rasool’s Expulsion 

    Benin: Opposition Candidate Concedes Defeat To Finance Minister

    Benin: Opposition Candidate Concedes Defeat To Finance Minister

    Benin: Vote Counting Underway As Election Ends

    Benin: Vote Counting Underway As Election Ends

  • Economy
    UAE Quits OPEC After 60-Year Membership

    UAE Quits OPEC After 60-Year Membership

    DRC Agrees To Receive Deportees Under US Migrants Transfer Deal

    DRC Launches US-Backed $100m Paramilitary Unit To Protect Mines 

    Trump Orders US Exit From 66 UN Bodies, International Agencies

    Trump Imposes Sanctions On China-Based Refinery, Others Over Iranian Oil

    Nigeria: Power Minister Quits Amidst Crippling Energy Supply

    Nigeria: Power Minister Quits Amidst Crippling Energy Supply

    Ethiopian Airlines Seals Dreamliner Deal With Boeing

    Ethiopian Airlines Seals Dreamliner Deal With Boeing

    Nigeria: President Tinubu Sacks Finance Minister

    Nigeria: President Tinubu Sacks Finance Minister

    World Bank Advocates Debt Relief For Countries Owing Over $8.7trn

    Nigeria: Govt Dismisses ‘Hidden Spending’ Claims, Says World Bank Report Misread

    Kenya: Ruto Orders Shooting Of Protesters Attacking Businesses

    Kenya Seeks World Bank’s Assistance As Iran’s War Bites Harder

    IMF Raises Concern Over Nigeria’s Growing Debt Burden Under Tinubu

    IMF Raises Concern Over Nigeria’s Growing Debt Burden Under Tinubu

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    Benin: Constitutional Court Affirms Election Of Wadagni As President

    Benin: Constitutional Court Affirms Election Of Wadagni As President

    Pope Meets Prison Inmates In Equatorial Guinea Visit

    Pope Meets Prison Inmates In Equatorial Guinea Visit

    President Lula Slams Trump Rejection Of South Africa At G20 Summit

    President Lula Slams Trump Rejection Of South Africa At G20 Summit

    Senegal Says Ex-President Sall Has No Home Support For UNSG Candidacy

    Senegal: Ex-President Macky Sall To Be Grilled This Week For UN Top Job

    President Mahama Congratulates Congo’s Counterpart On Inauguration

    President Mahama Congratulates Congo’s Counterpart On Inauguration

    Cameroon: President Biya Returns Home After 42 Days Absence

    Cameroon: Biya Signs New Law That Restores Vice Presidency

    Ramaphosa Appoints New Ambassador To US After Rasool’s Expulsion 

    Ramaphosa Appoints New Ambassador To US After Rasool’s Expulsion 

    Benin: Opposition Candidate Concedes Defeat To Finance Minister

    Benin: Opposition Candidate Concedes Defeat To Finance Minister

    Benin: Vote Counting Underway As Election Ends

    Benin: Vote Counting Underway As Election Ends

  • Economy
    UAE Quits OPEC After 60-Year Membership

    UAE Quits OPEC After 60-Year Membership

    DRC Agrees To Receive Deportees Under US Migrants Transfer Deal

    DRC Launches US-Backed $100m Paramilitary Unit To Protect Mines 

    Trump Orders US Exit From 66 UN Bodies, International Agencies

    Trump Imposes Sanctions On China-Based Refinery, Others Over Iranian Oil

    Nigeria: Power Minister Quits Amidst Crippling Energy Supply

    Nigeria: Power Minister Quits Amidst Crippling Energy Supply

    Ethiopian Airlines Seals Dreamliner Deal With Boeing

    Ethiopian Airlines Seals Dreamliner Deal With Boeing

    Nigeria: President Tinubu Sacks Finance Minister

    Nigeria: President Tinubu Sacks Finance Minister

    World Bank Advocates Debt Relief For Countries Owing Over $8.7trn

    Nigeria: Govt Dismisses ‘Hidden Spending’ Claims, Says World Bank Report Misread

    Kenya: Ruto Orders Shooting Of Protesters Attacking Businesses

    Kenya Seeks World Bank’s Assistance As Iran’s War Bites Harder

    IMF Raises Concern Over Nigeria’s Growing Debt Burden Under Tinubu

    IMF Raises Concern Over Nigeria’s Growing Debt Burden Under Tinubu

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
No Result
View All Result
First with the News

Ford To Lay Off Over 4,000 Staff In Europe

November 21, 2024
in Top Stories, World
0
0
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

By Ebi Kesiena

Ford has announced plans to reduce its European workforce by 4,000 employees, primarily in Germany and the UK, citing ongoing financial losses, weaker-than-expected demand for electric vehicles (EVs), and competition from subsidized Chinese manufacturers.

Relatedreading

Nigeria: Two-Year Oil Fire Sparks ‘Genocide’ Outcry In Rivers Community

World Bank Unveils $8.2bn Plan To Light Up 300 Million Homes By 2030

In a statement on Wednesday, the layoffs, amounting to 14% of Ford’s European workforce, reflect mounting challenges in the automotive sector as high EV prices deter consumers and government support for the transition to e-mobility wanes.

Germany, Europe’s largest economy, will be hardest hit, with 2,900 job losses focused on Ford’s Cologne plant. Production of EV models like the Explorer and Capri will also be scaled back. The UK will see 800 job cuts, while the restructuring is expected to be completed by the end of 2027, pending union consultations.

Ford Europe Vice President, Peter Godsell attributed the layoffs to rising costs and slower EV adoption, stating, “Weaker demand for electric vehicles than we had previously forecast and challenges about our operating costs, require decisive action.”

The automaker has also called on the German government for stronger support, including investments in charging infrastructure and renewed EV subsidies. Ford CFO John Lawler criticized the lack of a clear e-mobility strategy, highlighting the impact of Germany’s termination of EV subsidies in December, which contributed to a 28.6% drop in EV sales in 2024.

Ford has been restructuring its European operations, cutting 3,800 jobs earlier in 2023 and planning to close its Saarlouis plant in 2025.

As the EU imposes tariffs on Chinese-made EVs over subsidy concerns, Ford’s German division Managing Director Marcus Wassenberg emphasized that high labor and energy costs in Germany further challenge competitiveness in a rapidly evolving industry.

ShareTweetSend
Previous Post

Former UK Deputy Prime Minister, Prescott Dies At 86

Next Post

UK Imposes Travel Ban On Daughter Of Angola’s Former President, Freezes Assets

Related Posts

Nigeria: Two-Year Oil Fire Sparks ‘Genocide’ Outcry In Rivers Community

Nigeria: Two-Year Oil Fire Sparks ‘Genocide’ Outcry In Rivers Community

April 30, 2026
War In Ukraine Pushing Poverty Higher —World Bank

World Bank Unveils $8.2bn Plan To Light Up 300 Million Homes By 2030

April 29, 2026

Mugabe’s Son Slammed With Fine, Set For Deportation From South Africa 

France Advises Citizens To Leave Mali After Coordinated Attacks

Mali: Junta Leader Reappears In Bamako After Coordinated Attacks

South Africa: Two Nigerians Killed, Consulate Demands Justice

Next Post
UK Imposes Travel Ban On Daughter Of Angola’s Former President, Freezes Assets

UK Imposes Travel Ban On Daughter Of Angola’s Former President, Freezes Assets

Please login to join discussion
AfriHeritage Magazine Issue 3 - Cover 1 AfriHeritage Magazine Issue 3 - Cover 1 AfriHeritage Magazine Issue 3 - Cover 1

Updates

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Nigeria: Two-Year Oil Fire Sparks ‘Genocide’ Outcry In Rivers Community

Nigeria: Two-Year Oil Fire Sparks ‘Genocide’ Outcry In Rivers Community

April 30, 2026
War In Ukraine Pushing Poverty Higher —World Bank

World Bank Unveils $8.2bn Plan To Light Up 300 Million Homes By 2030

April 29, 2026
Mugabe’s Son Slammed With Fine, Set For Deportation From South Africa 

Mugabe’s Son Slammed With Fine, Set For Deportation From South Africa 

April 29, 2026
France Advises Citizens To Leave Mali After Coordinated Attacks

France Advises Citizens To Leave Mali After Coordinated Attacks

April 29, 2026

Most Recent

Nigeria: Two-Year Oil Fire Sparks ‘Genocide’ Outcry In Rivers Community

April 30, 2026

World Bank Unveils $8.2bn Plan To Light Up 300 Million Homes By 2030

April 29, 2026

Mugabe’s Son Slammed With Fine, Set For Deportation From South Africa 

April 29, 2026

France Advises Citizens To Leave Mali After Coordinated Attacks

April 29, 2026

Mali: Junta Leader Reappears In Bamako After Coordinated Attacks

April 28, 2026

South Africa: Two Nigerians Killed, Consulate Demands Justice

April 28, 2026

Mozambique Vaccinates Over 2.9 Million Girls Against Cervical Cancer

April 28, 2026

UAE Quits OPEC After 60-Year Membership

April 28, 2026

About

Heritage Times HT stands as a beacon of pan-African journalism, dedicated to amplyfing the rich tapestry of voices and narratives across the continent. With unwavering commitment, we illuminate the evocative essence of Africa, offering a fresh perspective that captivates our global audience.

Featured

One Year of Transformative Stewardship: Walson-Jack’s Innovative Impact on Nigeria’s Civil Service

Africa’s Largest Tech Event, MWC25 Kigali, Returns With Focus On Innovation, Policy

Nadine Djuiko: Meet The Cameroonian Woman Behind Maryland’s Million-Dollar Braiding Empire

Connect

Connect with us on social media and receive timely updates on the go.

Get Updates

  • About
  • HT Management
  • Privacy Policy

© 2025 Heritage Times (HT) Media.

No Result
View All Result
  • Welcome
  • Politics
  • Economy
  • Security
  • Exposé
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Columns
    • Opinion
  • World
  • __________________
  • Make a Donation
  • Photo Speaks
  • Videos
  • You-Report
  • Whistleblower
  • Advertise
  • HT Events
  • HT Management
  • About HT
  • Contact us

© 2025 Heritage Times (HT) Media.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In