Ford Cuts 3,000 Jobs Amid "Significant Transformation" For Company
Positions will be eliminated this week in the US, Canada, and India.
khodrocar - Ford will begin notifying approximately 3,000 people this week that their positions with the company have been eliminated. The job cuts will come in the United States, Canada, and India. Roughly 2,000 salaried workers will be affected, with another 1,000 agency positions dropped as part of a restructuring plan to make Ford more competitive in the automotive market.
Automotive News first reported the job cuts, stating a letter was sent to all employees notifying them of the pending changes. The word came directly from Ford CEO Jim Farley and Executive Chair Bill Ford. A Ford representative confirmed the letter and the information with Motor1.com.
In July, we reported that Ford could cut as many as 8,000 salaried jobs from its Ford Blue division, the side that focuses on internal combustion vehicles. The report also stated the cuts could come in waves, so it's possible more positions might be eliminated in the future.
Like most automakers, Ford is working towards shifting to broader electrification in vehicles. To help facilitate the transition, Ford essentially split into two divisions: Model E and Blue. As previously mentioned, Ford Blue focuses on internal combustion vehicles and components. Model E is all about electric power. It's unclear if the current job cuts are relegated to one division or affect both.