--Ford Motor Co. plans to cut about 3,200 jobs in Europe, as part of efforts to reduce costs amid its electrification push, Bloomberg reports, citing union IG Metall.

--The majority of positions affected by the cuts are in Germany and the plan would remove around 65% of the car maker's development positions in Europe, according to Bloomberg.

--Ford and IG Metall didn't immediately respond to requests for comment.


Full story: https://bloom.bg/3R0qxMC


Write to Adria Calatayud at adria.calatayud@dowjones.com


(END) Dow Jones Newswires

01-24-23 0242ET