DETROIT (Michigan News Source) – Ford Motor Company announced they will be cutting 3,000 workers as they attempt to reorganize their business model and cut costs.
Executive Chair Bill Ford and CEO Jim Farley released a memo saying 2,000 salaried workers and 1,000 employees in the U.S., Canada and India will be let go.
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The memo to employees, written by Bill Ford and CEO Jim Farley, notes the layoffs follow significant restructuring in Ford operations outside of North America over the past couple of years.
Here is an excerpt:
“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.”
A Ford spokesperson says the majority of Ford’s workforce is in Michigan, so a significant percentage of the cuts will take place in the state. The company says they still plan to add 3,200 union jobs to the state as announced in June.
The jobs cuts come after a restructuring and cost-cutting effort that launched early this year. In March, Ford announced a restructuring that split its electric vehicles and internal combustion engine vehicles into two units.
