Ford Plans Layoffs After $1 Billion Trump Tariff H

[houston]

MAGA! 🤨

https://www.yahoo.com/news/ford-plans-layoffs-1-billion-010934096.html

[Amanah]

They are top heavy with mgmt and want to open positions for promotions for younger employees (up and coming new grads).
My company does the same thing every so many years.

“It’s just launched in the past day or so. The net result of this will be a much flatter organization, less hierarchical,” Robinson told the Detroit Press. “By doing that, we’re going to change the way we work. This will allow us to make decisions faster and allow employees to have a much greater impact.”

https://www.foxbusiness.com/features/ford-to-cut-salaried-workforce-in-restructuring-plan

[Aquila]

Trimming the fat might be good for Ford in the long run.