German economy ministry in talks with Ford about planned job cuts
FILE PHOTO: A Ford Fiesta ST-Line car is seen during the 87th International Motor Show at Palexpo in Geneva, Switzerland March 8, 2017. REUTERS/Arnd Wiegmann/File Photo
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BERLIN (Reuters) – The German Economy Ministry is in talks with carmaker Ford <F.N> 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)