Ford Targets More Worker Cuts
Plans employee layoffs as it cuts contract positions, all to save costs.
The latest layoffs are expected to start in upcoming weeks.
IMAGE: Ford
Ford will lay off more employees to streamline costs, including salaried staff, according to news reports.
The news follows Ford white-collar layoffs announced in February to address a $2 billion net profit loss last year.
This time, Ford is largely targeting U.S. salaried employees, though the Detroit Free Press reports that it already cut contract workers on Friday as it moves toward the employee layoffs.
Specific layoff numbers haven’t been reported.
Legacy carmakers ae working to streamline operations as they ramp up electric-vehicle production in a transition away from internal combustion engines by next decade.
Ford told investors in March that it expects to lose $3 billion on its EV business this year but predicted the business will move into profit by the end of 2026.
The latest layoffs, expected to start in upcoming weeks, also follow a round Ford conducted in August of several thousand contract and staff positions.
Originally posted on Auto Dealer Today
More Showroom
Used Market Stabilizes
The Carfax Used Car Index noted a major drop in used-vehicle price increases in July after several months of hikes.
Read More →
California Hybrids Reach State Record
The Golden State still leads the country in electric-vehicle registrations, but much like the rest of the U.S. its hybrid market share is up while full electrics stabilize after a dramatic first-quarter dip.
Read More →
My Mercedes in the U.S.
The German brand debuted its studio dealership concept for the first time in the states in Los Angeles, tapping Americans’ penchant for creative distinctions.
Read More →
Used Sales Hit Summer Drag
The vacation season, combined with high prices, has dented deliveries and added to inventories, though supply is still slim enough to keep listings elevated.
Read More →
California Launches EV Rebate Program
Participating automakers are matching the state's $13.5 million investment in new electric-vehicle rebates scheduled to take effect later this summer.
Read More →
OEM Poll Sees Industry Evolution
Kerrigan Advisors’ survey of automakers finds that tariffs, technology, network tightening and other factors are poised to reshape auto retail.
Read More →
The Trade-In Paradox
Retailing older cars with confidence in today’s market is a matter of establishing and following a clear process that can turn greater profit for auto dealers as they aim to meet used-unit hunger.
Read More →
Focus on Vehicle Cabins
The market for interior materials will grow in coming years as automakers look to meet consumer demand while staying competitive with changeups to sourcing and included features.
Read More →
State Follows Federal Warning on Auto Ads
The Massachusetts attorney general cautioned the state’s automotive dealers to be upfront with the consuming public about their vehicle prices or risk punishment.
Read More →
European EV Market Hits Record
Seven out of the top 10 electric vehicles sold so far in 2026 in Europe are by European brands, and automakers are seeing the power train fill up their order books.
Read More →