Ford will reduce its global workforce, going to cut thousands of jobs. It was written by the CEO Jim Farley and President Bill Ford, in a letter to all employees. The American car manufacturer intends to shift resources and optimize structures that it deems not sufficiently competitive with the current market.
According to Automotive News reports, Jim Farley would have said these words: “Building our future requires a change, a modification of virtually all aspects of the business in which we have operated for more than a century. We need a new focus, clarity, speed. And, as we have discussed in recent months, this also means redistributing resources and addressing the cost of our infrastructures, which are sometimes not very competitive with new and traditional competitors.“. According to the letter, the plan is to cut 3,000 jobs already before the end of August, 2,000 direct and another 1,000 from agencies. These are mainly employees who work in the United States, Canada and India.
The password according to Ford is simplification of the structure, but when this strategy involves the goodbye of the workforce, it is also a purely economic issue. Thinking about savings, Ford executives conclude the letter by opening the doors to post-layoff assistance. Ford executives argue that none of the changes of the future will avoid the difficult and sad times of the next few hours. “The people who will leave the company are friends and we want to thank them for their contribution to Ford. We have the task of caring and supporting the people who will be involvedhelping them find new job opportunities“.
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