German economy ministry in talks with Ford about planned job cuts

German economy ministry in talks with Ford about planned job cuts

The German Economy Ministry is in talks with carmaker Ford over its planned job cuts in Europe, a spokeswoman said on Friday.

Ford said on Thursday it would cut thousands of jobs, look at plant closures and discontinue loss-making vehicle lines as part of a turnaround effort aimed at achieving a 6 percent operating margin in Europe. (Reporting by Michelle Martin Editing by Thomas Seythal)

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