According to an internal email sent to employees, Ford Motor will be cutting about 3000 jobs.
The news was reported by automotive news. The layoffs have been confirmed by the website.
Many have expected the job cuts since Ford launched its restructuring efforts. The majority of the cuts will be in the US, Canada and India. There are about 4,000 agency personal employees.
The layoffs follow significant restructuring in Ford operations outside of North America over the past couple of years.
An excerpt is available.
“We worked differently than in the past, examining each team’s shifting work statement connected to our Ford+ plan. We are eliminating work, as well as reorganizing and simplifying functions throughout the business. You will hear more specifics from the leaders of your area of the business later this week.
None of this changes the fact that this is a difficult and emotional time. The people leaving the company this week are friends and coworkers and we want to thank them for all they have contributed to Ford. We have a duty to care for and support those affected — and we will live up to this duty — providing not only benefits but significant help to find new career opportunities.”
In the last few months, Farley has spoken about the possibility of job cuts. During the company's second quarter earnings call, Farley predicted layoffs.
There are too many people in certain areas. Absolutely, no doubt about it. We have jobs that need to be changed because we have skills that don't work anymore. There are a lot of new work statements. Every part of our company is being changed by us. We want to simplify the business, we want to make sure we have the right skills, and we want to make sure the works statements are as lean as possible. Our costs are not competitive. We are not satisfied.
Early this year, a restructuring and cost-cutting effort began. Ford split its ICE and electric vehicles into two separate units. Ford Pro is a third unit that provides commercial and government customers with work ready ICE and electric products and services.