Though Ford has cut thousands of what it considers to be “redundant” jobs over the past year or so in the U.S., Europe, and Australia, the automaker has made it quite clear that it isn’t done trimming its workforce just yet. As Ford Authority reported last week, another round of cuts are expected to be announced as soon as this week, and just yesterday, the company removed an unspecified number of contract workers from its ranks, too. Now, according to Bloomberg, the forthcoming salaried job cuts coming from within The Blue Oval are expected to affect hundreds of workers, too.
These several hundred salaried, white collar jobs are expected to consist mostly of engineering positions in all three of the automaker’s divisions, including the ICE-focused Ford Blue, the Model e EV entity, and Ford Pro commercial business, all with an eye toward reducing costs and boosting profitability. This news was confirmed by Ford spokesperson T.R. Reid, who noted that affected employees will be notified today and tomorrow, though he stopped short of revealing how many positions will ultimately be eliminated.
“We’re not cost competitive,” Reid said. “We have specific priorities and ambitions that have implications for skills, assignments, and staffing needs. These changes are consistent with that. They’ll make us cost effective.”
This news doesn’t come as a huge surprise given Ford CEO Jim Farley’s prior comments regarding the fact that he believes the company is overstaffed in a number of areas, particularly in the engineering ranks. “It takes us 25 percent more engineers to do the same work statements as our competitors,” Farley said during an interview back in February. “I can’t afford to be 25 percent less efficient.”
We’ll have the latest on Ford’s job cuts as they happen, so be sure and subscribe to Ford Authority for 24/7 Ford news coverage.
Comments
25% overstaffed in engineering and the largest number of recalls. What’s wrong with this picture. One can only imagine the quality situation once engineering parity is reached.
Yes, Ford is over-staffed… in the CEO position. His annual compensation is more than 100 engineers!
I re-subscribed to Ford Authority today because I don’t get a report every day. I am already subscribed was my response…