Ford announced plans to 7,000 jobs globally, about 10% of its workforce AFPThe move, which began last year, will lead to 800 layoffs in North America in totalFord plans to cut 7,000 jobs, or 10% of its global workforce, as part of a reorganization as it revamps its vehicle offerings, the company said Monday. The reorganization will involve some layoffs and reassignments and should be complete by the end of August, a Ford spokeswoman said. Ford has been phasing out most sedan models in the United States as more consumers have opted for pickup trucks and sport utility vehicles. The move, which began last year, will lead to 800 layoffs in North America in total, including about 500 this week, said Ford spokeswoman Marisa Bradley. Ford had signaled it expected significant job cuts in April 2018 when it announced a plan to phase out several small models in North America.

Source: Dhaka Tribune May 20, 2019 16:07 UTC