Ford CEO Jim Farley Says Company Has Too Many People
The comment follows rumors of pending layoffs.
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The comment follows rumors of pending layoffs.
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The move was made in response to rising costs and supply chain woes.
Read More »Ford could still receive over $100 million in state incentives after laying off thousands.
Read More »Farley didn't deny the rumors, but urged workers to remain focused.
Read More »The moves are part of the automaker's efforts to cut $3 billion in costs by 2026.
Read More »The upstart automaker has struggled to secure parts amid supply shortages.
Read More »The company's hiring spree went a little too far too quickly, it seems.
Read More »Workers can receive a bevy of free services from a third-party company.
Read More »The cuts are a sign that R&D will be more focused on EVs going forward.
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The lawsuit claimed that Ford specifically targeted older employees in a calculated cost-savings measure.
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The workers are protesting Ford's decision to cease manufacturing in India.
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Roughly 4,000 workers are asking the government to create jobs to replace those lost by the plant closures.
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Older employees were allegedly targeted purely for cost-cutting reasons.
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Ford is seeking to cut 1,000 positions in select areas.
Read More »Ford faces huge fines if it violates the ban.
Read More »The move comes as the automaker adjusts to CEO Jim Farley's new plan.
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The job cuts come as a result of Leadec losing their contract with Ford to another company.
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The cuts are not related to the COVID-19 pandemic.
Read More »The cleaning crew is employed by a contractor called Hamton Environmental.
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All workers at the supplier were laid off.
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One UAW worker says most were more concerned about getting into attendance trouble than coronavirus.
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The latest round of layoffs comes after a similar round was made in September 2019.
Read More »Jim Farley is aiming to fix the issues plaguing Ford and hurting profits.
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Penske lost out on the contract during the competitive bid process.
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