Ford wants to cut 8,000 people.  This is how the producer explains his decision

Ford wants to cut 8,000 people. This is how the producer explains his decision


According to Bloomberg sources Ford’s layoff plan is not yet complete and details are subject to change. The effects of the major job cuts are in line with the company’s CEO Jim Farley’s strategy to reduce costs by $3 billion by 2026.

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Ford laid off. The company translates

Ford layoffs at various levels are expected to begin this summerIt is possible that they will be implemented in stages. In the USA alone, the manufacturer employs 31,000 people. The company declined to comment on its plans, saying it was aiming to restructure its work to develop electric vehicles.

“We have set clear goals to reduce costs and be more competitive and effective in the industry,” Ford Communications Director Mark Truby said in a statement.

Ford boss Jim Farley said job cuts are essential to increasing profits. “We have too many people,” said Wolfe Research auto in February.

Ford is focusing on electric cars

Farley increased the use of electric vehicles to 50 billion dollars and set a plan to produce 2 million battery-electric vehicles a year by 2026. In June, sales of Ford electric models increased by 76.6 percent. compared to the same period last year, mainly due to the launch of the F-150 Lightning electric pickup.

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