CNBC | Michael Wayland DETROIT – Ford Motor is cutting 580 employees and agencies in the US as part of its ongoing Ford + recovery plan, the company confirmed on Wednesday night. The cuts include about 350 employees and 230 agency positions, according to a statement sent via email. The reductions were largely in engineering, as the Detroit auto industry rotates from traditional internal combustion engines to electric cars and trucks that require different skill sets. “We continue to align staff around the critical skills needed to deliver our products, services and Ford + design,” the company said. “As part of the ongoing management of our business, we will continue to align our staff to meet our future business needs and plans.” The auto industry said affected workers and agencies for Ford’s employees were notified on Wednesday – the same day the auto industry reported a net loss of $ 3.1 billion in the first quarter, largely due to a 12% stake in the stock. start of EV- up to Rivian Automotive. The cuts, which will be completed by the end of the week, come less than two months after Ford said it would reorganize its operations to split electric and internal combustion companies into separate units within the automotive industry. Ford said eligible employees would receive a continuation and dismissal benefit equal to a salary of up to nine months based on service and “career transition services”. A spokeswoman declined to estimate how much the packages would cost the carmaker. Employee layoffs, first reported by the Detroit Free Press, are only about 1% of the company’s approximately 31,000 employees in the United States. At the end of last year, Ford had 186,769 employees worldwide, with 90,873, or 48.7%, of hourly and salaried employees in the United States.
