Ford announces layoffs in the US and Canada by Grupo Milenio

Ford engine He will start laying them off Workers This week, which mainly affected engineering jobs in United States and CanadaAs part of the company’s transition to Detroit To get out of unprofitable places and downsize their workforce.

The news comes after the company said in May that it expected to incur restructuring costs of between $1.5 billion and $1.5 billion $2 billionin 2023.

The automaker did not specify how many jobs would be affected by the move. “People affected by the changes will be offered severance pay and benefits,” Ford said, adding that the layoffs are not limited to engineering-related jobs.

“This is related to our Ford + growth plan that we are presenting in 2021,” the company said in an emailed statement.

He added, “The implementation of the plan includes adjusting the cadres to match the focused priorities and aspirations, while increasing quality and reducing costs.”

CNBC I reported yesterday that the job cuts are expected to affect all three of Ford’s business units: Ford Blue, Model E and Ford Pro.

for his part, The Wall Street Journal It reported last week that the automaker is preparing for a new round of layoffs for its salaried workers in the United States.

in february, stronghold It also detailed plans to delete 3,800 developmental and administrative positions of products in Europe in the next three years.

Although rising prices and strong demand for new cars have helped automakers weather inflationary headwinds to some extent, the high cost of raw materials remains a challenge.

MRA