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Ford confirms 5000 European job losses, UK cuts to follow
News
18th Mar 2019
1 min read

Ford confirms 5000 European job losses, UK cuts to follow

Ford has confirmed it'll cut more than 5000 jobs in Germany and an as-yet undisclosed number in the United Kingdom, launching a voluntary redundancy program for employees. "Through these programmes and other initiatives, Ford of Germany expects to reduce its headcount in excess of 5000 jobs, including temporary staff," the company said in a statement.
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Scott Collie
Confirmed: Ford CEO Mark Fields retires, Smart Mobility chief Jim Hackett steps up
News
22nd May 2017
4 min read

Confirmed: Ford CEO Mark Fields retires, Smart Mobility chief Jim Hackett steps up

Overnight Ford confirmed Mark Fields' decision to retire as company CEO, as well as his immediate replacement by Jim Hackett. Hackett was previously the head of the company's Smart Mobility division. Today's announcement confirms rumours that began swirling around the internet over the weekend. As noted in our earlier report, news of board-level dissatisfaction was becoming more widespread, with Fields facing a fiery round of questioning during Ford's annual general meeting two weeks ago.
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Derek Fung
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