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Ford’s restructuring move impacts jobs in US, Canada and India.
Ford has decided to cut approximately 3,000 jobs across multiple markets, including the United States, Canada, and India. This move is said to be part of the automaker’s significant transformation strategy. According to Automotive News, this move will affect approximately 2,000 salaried employees, while another 1,000 agency positions will be eliminated as part of the restructuring plan. According to the report, this is part of an effort to streamline the automaker’s operations and make it more competitive in the global automotive market.
According to reports, a letter was sent to all employees informing them of the decision. The announcement was reportedly made directly by Ford CEO Jim Farley and Executive Chairman Bill Ford. “We have committed to sharing information as decisions are made.” As we address all costs, from materials to quality, we are informing some Ford teammates this week in the United States, Canada, and at FBS in India that their positions are being eliminated. We are reducing our salaried workforce by about 2,000 people and agency personnel by about 1,000. “These actions follow significant restructuring in Ford operations outside of North America over the last few years,” according to the letter.
According to the letter, Ford worked differently than in the past, examining each team’s shifting work statement in relation to the Ford+ plan. “We are eliminating work and reorganising and simplifying functions throughout the organisation.” “You will hear more specifics from the leaders of your business area later this week,” the letter continued.
The report assumes that the automaker could slash around 8,000 jobs in its Ford Blue division, which is responsible for making internal combustion vehicles. The jobs cuts are expected to come in waves. Hence, it is possible that more positions will be eliminated in the future.
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