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Ford Cutting Around 3,000 Jobs as It Tackles Uncompetitive Cost Structure Amid Soaring Inflation

Ford will be cutting around 3,000 jobs globally, according to an internal company email, 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.

Why Ford is cutting 3,000 jobs globally

The auto maker is cutting 2,000 salaried positions and 1,000 agency jobs. Affected employees are in the U.S., Canada and India.

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