VALEO's restructuring plan focuses on cutting around 1,000 jobs in Europe and includes the closure of two plants in France, signaling a response to economic pressures.
Stellantis is facing significant challenges in demand, which led to halting assembly operations at its Mirafiori plant in Italy, illustrating the impact on its workforce.
Ford's decision to cut 4,000 jobs—representing 14% of its European workforce—highlights the ongoing struggle of U.S. automakers amid increasing competition and economic uncertainty.
Volkswagen's discussions with unions signal potential job cuts and plant closures, emphasizing the broader trend of restructuring in the automotive industry due to low demand.
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