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Ford is preparing a massive layoff of staff

Ford

Ford Motor, one of the largest automakers in the world, is preparing to massively cut staff - by the end of summer, the company will lay off up to eight thousand permanent workers at factories in the United States, Bloomberg reported citing its sources.

The concern does not comment on this information.

Ford chief executive James Farley said at a Wolfe Research conference in February that the company would have to lay off excess employees in order to free up resources for an accelerated transition to electric vehicles. “We have too many people,” Farley remarked at the time.

In March, Ford Motor underwent a major structural reorganization: all operations and assets were distributed between two newly created divisions, Ford Blue and Ford Model e. The first to go was everything that is considered obsolete and harmful in the current public agenda - enterprises for the production of cars, internal combustion engines and transmissions, together with personnel from members of the United Automobile Industry Workers Union (UAW). The second unites enterprises for the production of electric vehicles and the introduction of the Ford digital ecosystem. Layoffs await employees of Ford Blue.

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