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Ford Is Laying Off Thousands of Employees

2022-08-22 2 Dailymotion

Ford Is Laying Off, Thousands of Employees.<br />NBC News reports Ford is cutting 3,000 jobs as it transitions to producing more electric vehicles. .<br />In an email sent to employees on Aug. 22, the automaker said 2,000 full-time workers and 1,000 contractors would be affected. .<br />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.<br /> 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.<br />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.<br />We have skills that don’t work anymore. We have jobs that need to change, Jim Farley, Ford CEO, via earnings call in July.<br />The layoffs account for about 6% of full-time salaried workers in America and Canada.<br />Union workers will not be affected.<br />Some employees in India will also lose their jobs.<br />CEO Jim Farley and Executive Chairman Bill Ford said the company will help those who are let go to find new jobs

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