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Market Chatter: Ford Motor Company Plans 1,000 Job Cuts at German Electric Car Plant
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Market Chatter: Ford Motor Company Plans 1,000 Job Cuts at German Electric Car Plant
Sep 16, 2025 3:41 AM

06:28 AM EDT, 09/16/2025 (MT Newswires) -- Ford Motor Company ( F ) said it will slash up to 1,000 electric car production jobs in Cologne, Germany, amid weak demand, Reuters reported Tuesday.

The US carmaker reportedly said it will switch production at the Cologne plant to single-shift operation from January 2026, and will offer voluntary redundancy packages to those affected by the job cuts.

The company did not immediately respond to MT Newswires' request for comment on the matter.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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