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Ford cutting 3,000 jobs in US, Canada, India as it leans into the electric vehicle market

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Ford plans to cut 3,000 jobs across the U.S., Canada and India, the automaker said in a letter to employees on Monday, describing the reductions as part of a «reshaping» to get more competitive in the electric vehicle (EV) market.
Those affected include 2,000 salaried and 1,000 agency positions, Ford said in a statement. A spokesperson the cuts affect about 6% of salaried workers in the U.S. and Canada.
Ford’s CEO, Jim Farley, delivered news of the layoffs in a letter to employees, which was first reported by Auto News on Monday.
Affected employees will be notified later this week, according to Auto News.
The workforce reduction comes as the company is trying «to address all aspects of costs to improve our competitiveness and ensure we can fully invest in growth,» according to the statement.
Ford sales have recently, generally outpaced overall auto industry sales.

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