January 11, 2019 / 11:09 AM / 6 days ago

German economy ministry in talks with Ford about planned job cuts

FILE PHOTO: The Ford logo is seen on a vehicle at the New York Auto Show in the Manhattan borough of New York City, New York, U.S., March 29, 2018. REUTERS/Shannon Stapleton

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

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