Ford Is Laying Off Thousands of Employees
  • 2 years ago
Ford Is Laying Off, Thousands of Employees.
NBC News reports Ford is cutting 3,000 jobs as it transitions to producing more electric vehicles. .
In an email sent to employees on Aug. 22, the automaker said 2,000 full-time workers and 1,000 contractors would be affected. .
Building on this future requires changing and reshaping virtually all aspects of the way we have operated for more than a century, Executive Chairman Bill Ford and CEO Jim Farley, via companywide email.
It means redeploying resources and addressing our cost structure, which is uncompetitive versus traditional and new companies, Executive Chairman Bill Ford and CEO Jim Farley, via companywide email.
We are eliminating work, as well as reorganizing and simplifying functions throughout the business, Executive Chairman Bill Ford and CEO Jim Farley, via companywide email.
We have skills that don’t work anymore. We have jobs that need to change, Jim Farley, Ford CEO, via earnings call in July.
The layoffs account for about 6% of full-time salaried workers in America and Canada.
Union workers will not be affected.
Some employees in India will also lose their jobs.
CEO Jim Farley and Executive Chairman Bill Ford said the company will help those who are let go to find new jobs