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Updated27 Jun 12:51pm

Ford to cut 12,000 jobs in Europe amid struggling car market

The Guardian
Six of company’s 24 European factories will close by end of 2020 under the plans The US vehicle maker Ford plans to cut 12,000 jobs across Europe as it tries to turn around the struggling business in a European car market forecast to shrink this year for the first time in six years. Ford’s chief executive, Jim Hackett, instigated the cuts to the carmaker’s global business, which lost more than $800m (£631m) outside north America last year.
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