Ford Motor Co stated it should minimize a complete of three,000 salaried and contract jobs, principally in North America and India, because it restructures to meet up with Tesla Inc within the race to develop software-driven electrical automobiles.
Ford Chief Govt Jim Farley has been signaling for months that he believed the Dearborn, Mich. automaker had too many individuals, and that not sufficient of its workforce had the talents required for achievement because the auto business shifts to electrical automobiles and digital providers.
“We’re eliminating work, in addition to reorganizing and simplifying capabilities all through the enterprise. You’ll hear extra specifics from the leaders of your space of the enterprise later this week,” Farley and Ford Chairman Invoice Ford wrote in a joint e-mail.
This story has been printed from a wire company feed with out modifications to the textual content. Solely the headline has been modified.
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