12:56 PM EDT, 06/18/2024 (MT Newswires) -- Ford Motor ( F ) is planning to make further job cuts in Germany, Spain and the UK, Reuters reported Tuesday, citing Benjamin Gruschka, the head of the works council at Ford's Cologne plant.

The number of additional job cuts in Germany is unclear, though a decision is expected by the end of June. Gruschka said, according to Reuters.

(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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