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Ford to slash over 5,000 German jobs in European overhaul

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Ford to slash over 5,000 German jobs in European overhaulFord on Friday said it planned to cut “more than 5,000” jobs in Germany as part of a major restructuring to boost profitability at the US car giant’s European operations. “This announcement is part of the Ford restructuring announced in January in Europe with the goal of returning to profitable business in Europe as soon as possible,” she said. “The aim is to cut more than 5,000 jobs in the most socially responsible way possible,” the spokeswoman added, without detailing how the cuts would be divided among Ford’s operations in Cologne, Aachen and Saarlouis.