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More layoffs coming from Ford this week

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Ford recorded charges of $2 billion and $608 million in 2021 and 2022, respectively, for similar actions, it said in the filing.

“Delivering our Ford+ plan for growth and value creation includes increasing quality, lowering costs, investing in our priorities, and adjusting staffing to match the capabilities we need,” the company said in an emailed statement to CNBC. “People affected by the changes will be offered severance pay, benefits and significant help to find new career opportunities.”

This week’s layoffs are expected to affect all three of Ford’s business units: Ford Blue, its traditional internal combustion engine operations; Model e, its electric vehicle unit; and Ford Pro, its fleet service operations, according to the CNBC report.

Meanwhile, Ford Australia will lay off 400 employees in September as the automaker seeks to “improve efficiency,” according to reports.

The automaker cut 3,000 workers in North America in August as it anticipated a recession. The company has more recently conducted 3,800 layoffs in Europe.

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