Ford to cut 550 jobs in the UK - report

Ford UK is expected to cut up to 550 jobs in the coming weeks, as part of the European restructure the company announced in January. A new report byindustry journal Automotive News Europe says the exact number of UK positions to be impacted is still to be officially determined by Ford, on top of the 5000 jobs cut in Germany earlier this year. Quoting a "person familiar with the matter", the company is expected to make the bulk of job cuts in salaried non-manufacturing areas in the UK.