Ford to cut nearly 4,000 jobs in Europe, including 1,300 in UK

US carmaker blames losses on rising costs and need to switch to electric vehicle production

Ford is cutting nearly 4,000 jobs across Europe, including 1,300 in the UK, due to rising costs and the need to restructure as it ramps up electric vehicle production.

The US carmaker said it plans to eliminate 3,800 product development and administration jobs in Europe in the next three years.