Ford will cut 3,000 jobs this week in the United States, Canada and India

Washington, August 22 (EFE). Ford will cut 3,000 jobs this week in the United States, Canada and India, the company’s president, Bill Ford, and its CEO, Jim Farley, announced in a letter sent on Monday. for workers.

According to local media that reported today, Ford will cut 3,000 jobs as part of the company’s restructuring plan, called Ford +.

At the end of 2021, Ford had 186,769 people worldwide, about half of whom, 90,873, worked in centers located in the United States.

In the letter, directors explained that restructuring the company would require adjusting Ford’s resource use as well as its “cost structure,” which “doesn’t compete with traditional and new competitors.”

“We are eliminating work at the same time as we are reorganizing and simplifying functions across the company,” they added.

The job cuts will materialize in the coming weeks and affect two divisions of the company: Ford Model e, which focuses on developing and producing electric vehicles, and Ford Blue, which makes cars with combustion engines.

The announcement of the layoffs comes at a time when many companies are rushing to cut costs in the face of rapidly rising inflation and fears of a global economic slowdown. EFE

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