Ford appears set to reduce its workforce at the electric vehicle (EV) production plant in Cologne, Germany, with up to 1,000 jobs facing cuts due to a decline in demand. According to a Reuters report, the US automotive giant will adjust its operations to a “single-shift” system from January 2026, which will lead to job losses. The company has committed to providing voluntary redundancy packages to the employees impacted at its Cologne EV centre. The development is part of a broader restructuring effort ...