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The Ford Motor Company announced on the 16th that due to weak demand in the European electric vehicle market, the company's Cologne factory in Germany will lay off 1,000 employees by early 2026. This means that the company's job cuts in Germany will further expand and for the first time involve the entire vehicle production department. The Cologne factory is Ford's electric vehicle production base in Europe. According to the new layoff plan, starting from early 2026, the factory's production shifts will be reduced from two shifts per day to one. (Xinhua News Agency)
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