• 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
US: Winter Storm Causes Widespread Outages, Travel Disruption

US: Winter Storm Causes Widespread Outages, Travel Disruption

13 minutes ago
US Intensifies Shipment Of Military Supplies To Nigeria In Push Against ISIS Terrorists

US Intensifies Shipment Of Military Supplies To Nigeria In Push Against ISIS Terrorists

39 minutes ago
China To Curb Internet Addiction Among Children

Egypt Moves To Regulate Children’s Social Media Use

1 hour ago
Sudan’s Vital Gold Industry Battered By War And Severed Trade Ties

Sudan’s Vital Gold Industry Battered By War And Severed Trade Ties

4 hours ago
Norway Police File Charges Over Oil Bribery Involving Congo Republic President’s Family

Norway Police File Charges Over Oil Bribery Involving Congo Republic President’s Family

5 hours ago
Monday, January 26, 2026
  • About
  • HT Management
  • Privacy Policy
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    Algeria: Senate Seeks Review Of Law Declaring French Colonization A Crime

    Algeria: Senate Seeks Review Of Law Declaring French Colonization A Crime

    Uganda: Defence Chief Threatens To Behead Opposition Leader

    Uganda: Military Chief Confesses To Killing Of 30 Opposition Supporters

    Uganda: Bobi Wine’s Ally, MP Kivumbi Arrested Over Election Violence

    Uganda: Bobi Wine’s Ally, MP Kivumbi Arrested Over Election Violence

    Trump Launches ‘Board Of Peace’ Initiative At Davos

    Trump Launches ‘Board Of Peace’ Initiative At Davos

    Guinea-Bissau: Military Govt Adopts Charter Barring Coup Leaders From Elections

    Guinea-Bissau: Military Government Fixes Election Date After Coup

    South Sudan: President Kiir Sacks Wife Of Detained VP As Interior Minister

    South Sudan: President Kiir Sacks Wife Of Detained VP As Interior Minister

    CAR: Constitutional Council Affirms Touadéra’s Re-Election Amid Protests

    CAR: Constitutional Council Affirms Touadéra’s Re-Election Amid Protests

    Benin: Governing Parties Sweep All 109 Parliamentary Seats

    Benin: Governing Parties Sweep All 109 Parliamentary Seats

    Uganda: Museveni, 81 Declared Winner Of Presidential Poll

    Uganda: Museveni, 81 Declared Winner Of Presidential Poll

  • Economy
    Sudan’s Vital Gold Industry Battered By War And Severed Trade Ties

    Sudan’s Vital Gold Industry Battered By War And Severed Trade Ties

    IMF To Visit Senegal In August, With Focus On Hidden Debts, New Disbursements

    IMF To Visit Gabon February Despite No Loan Request

    Uganda Eyes Regional Energy Dominance, As UAE-Backed $4bn Refinery Deal Nears Final Stage

    Uganda Eyes Regional Energy Dominance, As UAE-Backed $4bn Refinery Deal Nears Final Stage

    Australian Gold Mining Firm To Pay Malian Govt $160m In Tax Dispute Resolution

    Egypt Targets $9bn Export Revenue From First Large-Scale Gold Refinery

    Afreximbank

    Afreximbank Ends Credit Rating Relationship With Fitch

    Mali: 20 Soldiers Arrested Over Alleged Plan To Overthrow Junta-led Govt

    Mali: Junta Govt Sets Up Ministerial-level Office To Oversee Mining Industry

    Ghana: Mahama Vows To Cut Freebies For Govt Officials If Elected President

    At Davos, Ghana Pushes ‘Accra Reset’ As Africa’s Answer To A Fracturing Global Order

    Nigeria: Govt Moves To Integrate Islamic Finance Into Financial Reporting System

    Nigeria: Govt Moves To Integrate Islamic Finance Into Financial Reporting System

    WEF: Okonjo-Iweala Urges Nigeria To Seek Global Investment, Supply Chains

    WEF: Okonjo-Iweala Urges Nigeria To Seek Global Investment, Supply Chains

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    Algeria: Senate Seeks Review Of Law Declaring French Colonization A Crime

    Algeria: Senate Seeks Review Of Law Declaring French Colonization A Crime

    Uganda: Defence Chief Threatens To Behead Opposition Leader

    Uganda: Military Chief Confesses To Killing Of 30 Opposition Supporters

    Uganda: Bobi Wine’s Ally, MP Kivumbi Arrested Over Election Violence

    Uganda: Bobi Wine’s Ally, MP Kivumbi Arrested Over Election Violence

    Trump Launches ‘Board Of Peace’ Initiative At Davos

    Trump Launches ‘Board Of Peace’ Initiative At Davos

    Guinea-Bissau: Military Govt Adopts Charter Barring Coup Leaders From Elections

    Guinea-Bissau: Military Government Fixes Election Date After Coup

    South Sudan: President Kiir Sacks Wife Of Detained VP As Interior Minister

    South Sudan: President Kiir Sacks Wife Of Detained VP As Interior Minister

    CAR: Constitutional Council Affirms Touadéra’s Re-Election Amid Protests

    CAR: Constitutional Council Affirms Touadéra’s Re-Election Amid Protests

    Benin: Governing Parties Sweep All 109 Parliamentary Seats

    Benin: Governing Parties Sweep All 109 Parliamentary Seats

    Uganda: Museveni, 81 Declared Winner Of Presidential Poll

    Uganda: Museveni, 81 Declared Winner Of Presidential Poll

  • Economy
    Sudan’s Vital Gold Industry Battered By War And Severed Trade Ties

    Sudan’s Vital Gold Industry Battered By War And Severed Trade Ties

    IMF To Visit Senegal In August, With Focus On Hidden Debts, New Disbursements

    IMF To Visit Gabon February Despite No Loan Request

    Uganda Eyes Regional Energy Dominance, As UAE-Backed $4bn Refinery Deal Nears Final Stage

    Uganda Eyes Regional Energy Dominance, As UAE-Backed $4bn Refinery Deal Nears Final Stage

    Australian Gold Mining Firm To Pay Malian Govt $160m In Tax Dispute Resolution

    Egypt Targets $9bn Export Revenue From First Large-Scale Gold Refinery

    Afreximbank

    Afreximbank Ends Credit Rating Relationship With Fitch

    Mali: 20 Soldiers Arrested Over Alleged Plan To Overthrow Junta-led Govt

    Mali: Junta Govt Sets Up Ministerial-level Office To Oversee Mining Industry

    Ghana: Mahama Vows To Cut Freebies For Govt Officials If Elected President

    At Davos, Ghana Pushes ‘Accra Reset’ As Africa’s Answer To A Fracturing Global Order

    Nigeria: Govt Moves To Integrate Islamic Finance Into Financial Reporting System

    Nigeria: Govt Moves To Integrate Islamic Finance Into Financial Reporting System

    WEF: Okonjo-Iweala Urges Nigeria To Seek Global Investment, Supply Chains

    WEF: Okonjo-Iweala Urges Nigeria To Seek Global Investment, Supply Chains

  • 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

US: Winter Storm Causes Widespread Outages, Travel Disruption

US Intensifies Shipment Of Military Supplies To Nigeria In Push Against ISIS Terrorists

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

US: Winter Storm Causes Widespread Outages, Travel Disruption

US: Winter Storm Causes Widespread Outages, Travel Disruption

January 26, 2026
US Intensifies Shipment Of Military Supplies To Nigeria In Push Against ISIS Terrorists

US Intensifies Shipment Of Military Supplies To Nigeria In Push Against ISIS Terrorists

January 26, 2026

Egypt Moves To Regulate Children’s Social Media Use

Sudan’s Vital Gold Industry Battered By War And Severed Trade Ties

Norway Police File Charges Over Oil Bribery Involving Congo Republic President’s Family

Kenya: Ex-Deputy President Alleges Assassination Attempt After Church Attack

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
US: Winter Storm Causes Widespread Outages, Travel Disruption

US: Winter Storm Causes Widespread Outages, Travel Disruption

January 26, 2026
US Intensifies Shipment Of Military Supplies To Nigeria In Push Against ISIS Terrorists

US Intensifies Shipment Of Military Supplies To Nigeria In Push Against ISIS Terrorists

January 26, 2026
China To Curb Internet Addiction Among Children

Egypt Moves To Regulate Children’s Social Media Use

January 26, 2026
Sudan’s Vital Gold Industry Battered By War And Severed Trade Ties

Sudan’s Vital Gold Industry Battered By War And Severed Trade Ties

January 26, 2026
JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia
ADVERTISEMENT

Most Recent

US: Winter Storm Causes Widespread Outages, Travel Disruption

January 26, 2026

US Intensifies Shipment Of Military Supplies To Nigeria In Push Against ISIS Terrorists

January 26, 2026

Egypt Moves To Regulate Children’s Social Media Use

January 26, 2026

Sudan’s Vital Gold Industry Battered By War And Severed Trade Ties

January 26, 2026

Norway Police File Charges Over Oil Bribery Involving Congo Republic President’s Family

January 26, 2026

Kenya: Ex-Deputy President Alleges Assassination Attempt After Church Attack

January 26, 2026

Pope Calls For Peace In Conflict Areas

January 26, 2026

Venezuela: 80 Political Prisoners Freed

January 25, 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