Ford shuts down operations in Brazil, destroying tens of thousands of jobs
Ford announced on January 11 that it will end its production of cars in Brazil, shutting down its three plants in the cities of Camaçari, in the state Bahia; Taubaté, in the state of São Paulo; and Horizonte, in the state of Ceará. According to Ford, 5,000 workers will be laid off in Brazil. But tens of thousands more jobs are directly associated with its production chain, and a wave of dismissals is expected.
In a statement to its Brazilian customers, Ford declared: “As you know, the global automotive industry is undergoing a transformation process driven by new and emerging technologies in connected services, electrification and autonomous vehicles, with consumer demands and regulatory items reshaping the market.”