Ford will be cutting around 3,000 jobs globally, a spokesperson said, with the move coming amid long-running speculation that the automaking giant was looking to reduce headcount as it seeks to address its “uncompetitive” cost structure as inflation has soared.
Cathie Hargett, Manager of Corporate Communications at Ford, told The Epoch Times in an emailed statement that the company plans to reduce 2,000 employee positions and 1,000 agency contractor positions.
