Ford Layoffs: Now Ford will lay off 3800 employees, know on whom the sword of unemployment is hanging.

Ford Layoffs 2023: The process of retrenchment of employees (Layoffs 2023) continues in big companies. America’s big car maker Ford has also announced the retrenchment of employees. The company has said that this step is being taken to reduce the rising cost and to change the structure. In such a situation, in the next three years, 3,800 people associated with the company will lose their jobs (Ford Layoffs).

Know which people will be affected by this

Significantly, this retrenchment will affect the employees of Europe the most. In countries like Britain, Germany, maximum number of people will be fired. The thing to note is that the company now wants to focus on its Electric Vehicles. In such a situation, this big layoff has been announced to reduce the remaining cost of the company. The company says that about 2,300 people will be laid off in this round of layoffs, 1,300 in the UK and about 200 in the rest of Europe.

Company’s focus is on electric vehicle

Ford says that the company is working to expand its electric vehicles to Europe by 2025. In such a situation, no change has been made in this planning. Earlier, the company had announced that it would start production of its first electric car made in Europe by the end of this year. In such a situation, the company aims to lay off about 2,800 people in its engineering. And the remaining 1,000 people have to be retrenched from the administration. The employees will be fired in a phased manner over three years. Giving a statement on the retrenchment, Ford’s general manager in Europe, Martin Sanzder, said that this decision was very difficult for the company, but it is necessary to take this decision in the uncertainty spread in the world. Along with this, he said that the company will try to give its full support for the welfare of the employees in the coming times.

The company has already laid off

Ford had earlier done mass layoffs in January 2023 as well. The company had laid off around 3,200 employees across Europe. About 2,500 employees of its development and 700 people of administration were affected by this retrenchment. At the same time, in the second quarter of last year, the company had also laid off 3,000 employees. The company had announced that it would completely shut down the Saarlouis plant in Germany by 2025.