Ford to cut 12,000 jobs in Europe by end 2020

FILE PHOTO: A Logo is pictured on a board at the entrance of Ford Aquitaine Industries plant as Ford will end assembly at the Blanquefort transmission plant with closure planned, in Blanquefort, near Bordeaux, France December 22, 2018. Words say: "Ford save jobs" . REUTERS/Regis Duvignau/File Photo

FRANKFURT (Reuters) – Ford said it will cut 12,000 jobs in Europe by the end of next year to try to return the business to profit, part of a wave of cost reductions in an auto industry facing stagnant demand and huge investments to build low emission cars. The challenge of investing in electric, hybrid […]

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