The forthcoming job reductions are set to target staff in both the electric vehicle (EV) and software divisions, as well as those involved in Ford's gas-engine operations.
The forthcoming job reductions are set to target staff in both the electric vehicle (EV) and software divisions, as well as those involved in Ford's gas-engine operations.
This fresh wave of layoffs follows a previous one in August of the previous year, which resulted in the termination of approximately 3,000 white-collar and contract roles. Earlier this year, Ford also confirmed its intentions to eliminate a further 3,800 positions in Europe, as per the Journal's report.
According to a Ford representative, these recent actions align with their continuous business management strategy, which includes adjusting their global workforce to align with future business projections and remaining financially competitive in a rapidly evolving industry.
Ford is aligning itself with competitors like General Motors and Stellantis, the producer of Jeep, both of whom also announced workforce cuts earlier this year.
In a strategic shift towards EV products, the U.S. auto giant has pledged a global investment of $50 billion by 2026 to support this new direction.
The company also intends to revamp its internal operations, segregating its gas-engine business from its EV and software-centered operations, as reported by the Journal.
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