German economy ministry in talks with Ford about planned job cuts


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)