Ford will cut more than a fifth of its workforce across European operations by the end of 2020 as part of a sweeping restructuring plan aimed at reviving its business on the continent.
The company will close six of its 24 European factories, affecting about 12,000 jobs, with the UK, Germany, and Russia the hardest hit by the cuts.
Among the factories to close is Ford’s engine plant at Bridgend in North Wales, along with a transmission plant in France and three Russian sites.
“Ford will be a more targeted business in Europe, consistent with the company’s global redesign, generating higher returns through our focus on customer needs and a lean structure,” said Stuart Rowley, president of Ford of Europe.
“Our future is rooted in electrification,” added Mr Rowley. “We are electrifying across our portfolio, providing all of our customers with more accessible vehicle options that are fun to drive, have improved fuel economy and are better for our environment.”
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