Ford to cut 2,600 Euro jobs – German report

Ford intends to cut 2,600 staff in Europe by the end of this year, according to a German newspaper report.

Ford will cut some 1,300 staff in Cologne and at its Saarlouis plant, the Koelner Stadt-Anzeiger said, quoting company sources.

The other victims of intended job cuts were not mentioned. Ford has yet to confirm officially the details of its payroll cost reduction plans in Europe.