Ford to cut jobs, reorganize workforce
Ford Motor Company is planning to reorganize its workforce, the auto manufacturer said Friday, including cutting an as yet unknown number of its 70,000 salaried positions globally.
"The reorganization will result in headcount reduction over time and this will vary based on team and location," said a company statement. Mark Truby, vice president of global communications at Ford, said executives would "need to dig into the process deeper" before being able to share "the absolutes" of how many jobs will go and how they will be terminated.
"Over time, we'll have fewer layers, ultimately less people," Truby said, describing a less hierarchical company chart. "The goal is to streamline the organization. It's a cascading process. It will mean a reduction in workforce." The layoffs will be completed by the middle of next year.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Bonnie Kristian was a deputy editor and acting editor-in-chief of TheWeek.com. She is a columnist at Christianity Today and author of Untrustworthy: The Knowledge Crisis Breaking Our Brains, Polluting Our Politics, and Corrupting Christian Community (forthcoming 2022) and A Flexible Faith: Rethinking What It Means to Follow Jesus Today (2018). Her writing has also appeared at Time Magazine, CNN, USA Today, Newsweek, the Los Angeles Times, and The American Conservative, among other outlets.
-
The rise of runcationsThe Week Recommends Lace up your running shoes and hit the trails on your next holiday
-
Amorim follows Maresca out of Premier League after ‘awful’ seasonIn the Spotlight Manchester United head coach sacked after dismal results and outburst against leadership, echoing comments by Chelsea boss when he quit last week
-
‘Jumping genes': How polar bears are rewiring their DNA to survive the warming ArcticUnder the radar The species is adapting to warmer temperatures
-
TikTok secures deal to remain in USSpeed Read ByteDance will form a US version of the popular video-sharing platform
-
Unemployment rate ticks up amid fall job lossesSpeed Read Data released by the Commerce Department indicates ‘one of the weakest American labor markets in years’
-
US mints final penny after 232-year runSpeed Read Production of the one-cent coin has ended
-
Warner Bros. explores sale amid Paramount bidsSpeed Read The media giant, home to HBO and DC Studios, has received interest from multiple buying parties
-
Gold tops $4K per ounce, signaling financial uneaseSpeed Read Investors are worried about President Donald Trump’s trade war
-
Electronic Arts to go private in record $55B dealspeed read The video game giant is behind ‘The Sims’ and ‘Madden NFL’
-
New York court tosses Trump's $500M fraud fineSpeed Read A divided appeals court threw out a hefty penalty against President Trump for fraudulently inflating his wealth
-
Trump said to seek government stake in IntelSpeed Read The president and Intel CEO Lip-Bu Tan reportedly discussed the proposal at a recent meeting
