About 7000 jobs are set to be cut in the global workforce of American automotive giant Ford. The carmaker will reduce its US workforce by 2,300 as it seeks to save $600m (£470m) per year. Most of these jobs are in management positions according to Ford. some of these job losses will be as a result of voluntary redundancies and compulsory redundancies. Chief executive, Jim Hackett said, “To succeed in our competitive industry, and position Ford to win in a fast-changing future, we must reduce bureaucracy, empower managers, speed decision-making and focus on the most valuable work, and cost cuts,”
https://www.independent.co.uk/news/business/news/ford-job-cuts-global-us-car-industry-a8922301.html
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