Ford is cutting 5,000 jobs in Germany with more cuts coming for the UK
The automaker is restructuring its European business. Ford F is cutting 5,000 jobs in Germany and more in the U.K. as part of an effort to reduce costs in Europe, the company said Friday. The automaker offered voluntary separation packages for employees in Germany and the U.K. to help accelerate its plan to improve performance in the region, where Ford has struggled.