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Ford to downsize by 7,000 jobs

by Lynde Langdon
Posted 5/20/19, 01:40 pm

Ford announced Monday it plans to cut 7,000 white-collar jobs, about 2,300 of them in the United States, as part of a planned restructuring. The cuts amount to about 10 percent of the automaker’s global workforce. The major revamp, in progress since last year, will save about $600 million per year by eliminating bureaucracy and increasing the number of workers reporting to each manager.

In the United States, about 1,500 affected employees have left voluntarily or with buyouts, while another 300 have already been laid off. About 500 workers will be let go starting this week, largely in and around the company’s headquarters in Dearborn, Mich. Auto sales in the United States, where the automakers get most of their revenue, have fallen slightly but still are strong, but Ford must make significant capital expenditures to update current vehicles and develop more for the future.


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Lynde Langdon

Lynde is a WORLD Digital’s managing editor and reports on popular and fine arts. She lives in Wichita, Kan., with her husband and two daughters. Follow Lynde on Twitter @lmlangdon.

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Comments

  • news2me
    Posted: Mon, 05/20/2019 03:37 pm

    When people see Ford cars they assume those people are supporting the US. 

    How can Americans say they support US jobs when FORD builds in Mexico?

  • news2me
    Posted: Mon, 05/20/2019 03:43 pm

    Just read they planned to make the Focus in China and then changed their minds when Trump raised Tariffs.

    China?! Really, Ford?! Mexico is more acceptable to me than having China make "American" cars. 

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