cuts

Ford denies Euro jobs cuts and model axing claims 0

Ford has rebuffed claims that it plans to cut 24,000 jobs across Europe as well as axing a number of models as part of a major cost cutting initiative. The reports, dismissed by the car maker as “pure speculation”, were based on analysis conducted by Morgan Stanley that predicted that Ford would need to lose(…)

Ford reduction in investment shows need for Brexit deal – says Skate 0

Following production cuts at the Ford engine plant in Bridgend, environment secretary Ken Skates has stressed the need for Britain to keep free trade with Europe after Brexit. Production of its new generation of petrol engines is set to be halved at the facility in South Wales. Skates has demanded assurances regarding the security of(…)