Ford intends to reduce the number of jobs

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Ford’s chief financial officer, Bob Shanks, said in an interview with NBC News that the American automaker, as part of a strategic plan to improve the company's operations, intends to make the staff more compact by reducing the number of jobs. Ford’s $25.5 billion reorganization plan calls for a reduction in the company's staff. According to him, Ford employees will be offered more powers to make decisions. The company did not report the estimated number of laid-off workers. According to estimates by Morgan Stanley, the reduction will affect 24,000 of the 202,000 employees worldwide, which is 12% of the entire workforce.

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