Ford boss expects 'about 1,000 people to leave voluntarily'

"Our expectation is that about 1,000 people will accept the voluntary [redundancy] offer - and to repeat, it is a voluntary offer - and therefore about 1,000 plus people will leave the company," said Ford Europe CEO Stephen Odell.

He said the company has to "reflect the economic and business conditions that they are involved in" and that the European automotive industry was "20 percent below where it was in 2007".

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1,400 Ford jobs to be cut

Ford has cut 1,400 jobs in the UK as it announces plans to shut its Transit van factory near Southampton and a plant in Dagenham in Essex. The firm has said it hopes to keep compulsory redundancies to a minimum.