German economy ministry in talks with Ford about planned job cuts

The logo of the Ford Motor Company is seen outside a car dealership in Cape Town, South Africa, October 18, 2017. REUTERS/Mike Hutchings/Files

BERLIN (Reuters) - The German Economy Ministry is in talks with carmaker Ford 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)