Ford stated in its first-quarter filing that it would continue to review its global businesses and may take additional restructuring actions in cases where sustained profitability is not feasible. Photograph:(Reuters) Ford Motor has announced plans to carry out layoffs this week, primarily affecting engineering jobs in the United States and Canada. The job cuts are part of Ford’s cost-cutting measures as the company undergoes a restructuring of its business operations.
The layoffs as per CNBC are expected to impact all three of Ford’s business units: Ford Blue, which focuses on internal combustion engine operations; Model e, the electric vehicle unit; […]
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