Ford confirms cutting 3,000 jobs as it pushes towards electric

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NEW YORK, Aug 23 — US auto giant Ford confirmed yesterday it is eliminating around 3,000 jobs, mainly in North America and India, as the company pushes to accelerate its...

NEW YORK, Aug 23 — US auto giant Ford confirmed yesterday it is eliminating around 3,000 jobs, mainly in North America and India, as the company pushes to accelerate its transition to electric vehicles.

The restructuring involves 2,000 salaried positions and 1,000 contractors mostly in the United States, Canada and India but does not affect factory workers, a spokesman told AFP. “We absolutely have too many people in certain places, no doubt about it,” president and CEO Jim Farley said in a conference call in late July.

The automaker has previously said it plans to spend US$50 billion on electric vehicle production by 2026.

 

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