NPR

Ford Cutting Jobs In Europe, Moving Away From Less Profitable Vehicles

The automaker says it is not yet clear how many people will lose their jobs. The cuts come during a time of turmoil for the car industry, as automakers invest heavily in new technology.
People at the Ford display at the Essen Motor Show fair in Essen, Germany, in December 2017. The automaker has announced it will be cutting some jobs in Europe in order to reduce costs. Source: Patrik Stollarz

Ford Motor Co. is cutting jobs in Europe and backing away from less profitable models as part of a major restructuring effort, the company announced Thursday. It's the latest sign of big changes in a global auto industry.

The company will stop

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