• 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

10 months ago
Journalists Forced To Join Army In Burkina Faso - Report

Burkina Faso: 50 Civilians Slain In Jihadist Attacks Since May – HRW

16 hours ago
Zambia Seals $1.1bn Deal With Chinese Firm To Construct 60,000 BPD Refinery

Zambia: Court Jails Two Men Over Attempt To Kill President Hichilema With Witchcraft

18 hours ago
Libya Declares Emergency As Devastating Storm Daniel Hits Eastern Region

Pakistan: Punjab Flood Survivors Head Back Home As Water Levels Recedes

23 hours ago
MWC Kigali
Botswana: Nigerian National Appointed As Head Of SWF

Botswana: Nigerian National Appointed As Head Of SWF

1 day ago
Why Canada Rejected Over 1,500 Nigerian Asylum Applications In 2025

Why Canada Rejected Over 1,500 Nigerian Asylum Applications In 2025

1 day ago
Tuesday, September 16, 2025
  • About
  • HT Management
  • Privacy Policy
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    Malawi: Campaigns End Ahead Of Tuesday Presidential Polls

    Malawi: Campaigns End Ahead Of Tuesday Presidential Polls

    Tanzania: Electoral Body Accepts Candidacy Of Opposition Figure After Court Ruling

    Tanzania: Electoral Body Accepts Candidacy Of Opposition Figure After Court Ruling

    Albania: PM Appoints World’s First AI-Generated Minister To Oversee Public Tenders

    Albania: PM Appoints World’s First AI-Generated Minister To Oversee Public Tenders

    South Sudan: US Calls For Release Of Detained First VP

    South Sudan: Murder, Treason Charges Against Vice President Sparks Tension With Opposition

    France Gets New Prime Minister After Bayrou’s Resignation

    France Gets New Prime Minister After Bayrou’s Resignation

    At Washington Meeting, Trump Confronts Ramaphosa With Video Evidence Of “Genocide” Against Whites

    Trump Not Attending G20 Summit Taking Place First Time In Africa — White House

    Ivory Coast: Former First Lady Cleared To Contest Presidential Election

    Ivory Coast: Former First Lady Cleared To Contest Presidential Election

    US Deports Sierra Leone Coup Figure Charles Mbayo Over Human Rights Crimes

    US Deports Sierra Leone Coup Figure Charles Mbayo Over Human Rights Crimes

    Uganda: “Missing” Student Jailed Over TikTok Video Criticizing President Yoweri

    Uganda: Opposition Figure Arrested In Court During Colleagues Bail Hearing

  • Economy
    Botswana: Nigerian National Appointed As Head Of SWF

    Botswana: Nigerian National Appointed As Head Of SWF

    Why Canada Rejected Over 1,500 Nigerian Asylum Applications In 2025

    Why Canada Rejected Over 1,500 Nigerian Asylum Applications In 2025

    Afreximbank Signs $500m Deal To Boost Nigeria’s Gas Infrastructure

    Afreximbank Signs $500m Deal To Boost Nigeria’s Gas Infrastructure

    AfDB: Egypt To Receive $271 Agricultural Loan To Promote Food Security

    Africa’s Transition States Need $210bn Yearly To Power Transformation – AfDB

    EXPLAINER: 10 Things To Note About Nigeria’s New Tax ID Rules

    EXPLAINER: 10 Things To Note About Nigeria’s New Tax ID Rules

    Nigeria: Govt Inaugurates Committees For Civil Service Personnel Audit

    Nigeria: Govt Launches Civil Service Audit, Targets Future-Ready Workforce

    India To Inject $680 Million Into Mauritius’ Economy

    India To Inject $680 Million Into Mauritius’ Economy

    South Africa: Ramaphosa Sends Officials On Trade Negotiation Trip To US

    South Africa: Ramaphosa Sends Officials On Trade Negotiation Trip To US

    Ethiopia Unveils Africa’s Largest Dam Amid Egypt Tensions

    Ethiopia Unveils Africa’s Largest Dam Amid Egypt Tensions

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    Malawi: Campaigns End Ahead Of Tuesday Presidential Polls

    Malawi: Campaigns End Ahead Of Tuesday Presidential Polls

    Tanzania: Electoral Body Accepts Candidacy Of Opposition Figure After Court Ruling

    Tanzania: Electoral Body Accepts Candidacy Of Opposition Figure After Court Ruling

    Albania: PM Appoints World’s First AI-Generated Minister To Oversee Public Tenders

    Albania: PM Appoints World’s First AI-Generated Minister To Oversee Public Tenders

    South Sudan: US Calls For Release Of Detained First VP

    South Sudan: Murder, Treason Charges Against Vice President Sparks Tension With Opposition

    France Gets New Prime Minister After Bayrou’s Resignation

    France Gets New Prime Minister After Bayrou’s Resignation

    At Washington Meeting, Trump Confronts Ramaphosa With Video Evidence Of “Genocide” Against Whites

    Trump Not Attending G20 Summit Taking Place First Time In Africa — White House

    Ivory Coast: Former First Lady Cleared To Contest Presidential Election

    Ivory Coast: Former First Lady Cleared To Contest Presidential Election

    US Deports Sierra Leone Coup Figure Charles Mbayo Over Human Rights Crimes

    US Deports Sierra Leone Coup Figure Charles Mbayo Over Human Rights Crimes

    Uganda: “Missing” Student Jailed Over TikTok Video Criticizing President Yoweri

    Uganda: Opposition Figure Arrested In Court During Colleagues Bail Hearing

  • Economy
    Botswana: Nigerian National Appointed As Head Of SWF

    Botswana: Nigerian National Appointed As Head Of SWF

    Why Canada Rejected Over 1,500 Nigerian Asylum Applications In 2025

    Why Canada Rejected Over 1,500 Nigerian Asylum Applications In 2025

    Afreximbank Signs $500m Deal To Boost Nigeria’s Gas Infrastructure

    Afreximbank Signs $500m Deal To Boost Nigeria’s Gas Infrastructure

    AfDB: Egypt To Receive $271 Agricultural Loan To Promote Food Security

    Africa’s Transition States Need $210bn Yearly To Power Transformation – AfDB

    EXPLAINER: 10 Things To Note About Nigeria’s New Tax ID Rules

    EXPLAINER: 10 Things To Note About Nigeria’s New Tax ID Rules

    Nigeria: Govt Inaugurates Committees For Civil Service Personnel Audit

    Nigeria: Govt Launches Civil Service Audit, Targets Future-Ready Workforce

    India To Inject $680 Million Into Mauritius’ Economy

    India To Inject $680 Million Into Mauritius’ Economy

    South Africa: Ramaphosa Sends Officials On Trade Negotiation Trip To US

    South Africa: Ramaphosa Sends Officials On Trade Negotiation Trip To US

    Ethiopia Unveils Africa’s Largest Dam Amid Egypt Tensions

    Ethiopia Unveils Africa’s Largest Dam Amid Egypt Tensions

  • 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

Burkina Faso: 50 Civilians Slain In Jihadist Attacks Since May – HRW

Zambia: Court Jails Two Men Over Attempt To Kill President Hichilema With Witchcraft

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.

MWC Kigali MWC Kigali MWC Kigali
ADVERTISEMENT

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

Journalists Forced To Join Army In Burkina Faso - Report

Burkina Faso: 50 Civilians Slain In Jihadist Attacks Since May – HRW

September 15, 2025
Zambia Seals $1.1bn Deal With Chinese Firm To Construct 60,000 BPD Refinery

Zambia: Court Jails Two Men Over Attempt To Kill President Hichilema With Witchcraft

September 15, 2025

Pakistan: Punjab Flood Survivors Head Back Home As Water Levels Recedes

Botswana: Nigerian National Appointed As Head Of SWF

Why Canada Rejected Over 1,500 Nigerian Asylum Applications In 2025

Afreximbank Signs $500m Deal To Boost Nigeria’s Gas Infrastructure

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
MWC Kigali MWC Kigali MWC Kigali
AfriHeritage Magazine Issue 2 AfriHeritage Magazine Issue 2 AfriHeritage Magazine Issue 2

Updates

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Journalists Forced To Join Army In Burkina Faso - Report

Burkina Faso: 50 Civilians Slain In Jihadist Attacks Since May – HRW

September 15, 2025
Zambia Seals $1.1bn Deal With Chinese Firm To Construct 60,000 BPD Refinery

Zambia: Court Jails Two Men Over Attempt To Kill President Hichilema With Witchcraft

September 15, 2025
Libya Declares Emergency As Devastating Storm Daniel Hits Eastern Region

Pakistan: Punjab Flood Survivors Head Back Home As Water Levels Recedes

September 15, 2025
Botswana: Nigerian National Appointed As Head Of SWF

Botswana: Nigerian National Appointed As Head Of SWF

September 15, 2025
JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia
ADVERTISEMENT

Most Recent

Burkina Faso: 50 Civilians Slain In Jihadist Attacks Since May – HRW

September 15, 2025

Zambia: Court Jails Two Men Over Attempt To Kill President Hichilema With Witchcraft

September 15, 2025

Pakistan: Punjab Flood Survivors Head Back Home As Water Levels Recedes

September 15, 2025

Botswana: Nigerian National Appointed As Head Of SWF

September 15, 2025

Why Canada Rejected Over 1,500 Nigerian Asylum Applications In 2025

September 15, 2025

Afreximbank Signs $500m Deal To Boost Nigeria’s Gas Infrastructure

September 14, 2025

US Secretary Of States Rubio In Israel After Strike On Qatar

September 14, 2025

Venezuela: Civilians Train On Shooting Skills Amid US Threats

September 14, 2025

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