Weak Ford EV sales are causing a bit of chaos. Roughly 4,000 workers are slated to be laid off as Ford works to cut costs. Interest in electric vehicles is weakening, leading to fewer sales of Ford EVs.

Ford plans to cut another 4,000 jobs in Europe by the end of 2027 as part of its restructuring. The company blamed the “weak economic situation” and “lower-than-expected” demand for electric cars.

Ford has been undergoing a painful restructuring in Europe, announcing 3,800 job cuts in February 2023. It is closing its Saarlouis plant in Germany next year, with further job cuts. The European Union has slapped tariffs on Chinese-made EVs, saying they benefit from unfair government subsidies.

Ford has announced plans to cut 4,000 jobs across its European operations while scaling back production targets for its Explorer and Capri electric vehicles (EVs). The move affects 14 percent of the automaker’s workforce on the continent,

Automaker says most reductions will be in Germany and the UK, citing slowing electric vehicle sales and growing market competition.

Ford has officially announced plans for a major restructuring in the European market. The brand is planning further significant cuts due to decreased demand for electric vehicles and growing competition from China.