Ford to slash 7,000 jobs as part of global restructure

"To succeed in our competitive industry, and position Ford to win in a fast-changing future, we must reduce bureaucracy, empower managers, speed decision making, focus on the most valuable work and cut costs," Mr Hackett said in the email.

The restructure is expected to be finished by the end of August, according to Mr Hackett, who has described 2019 as a year of transition for the company.Mr Hackett said Ford would eliminate close to 20 per cent of upper-level managers as part of the changes, a move intended to reduce bureaucracy and speed up decision making.

Ford has also signed a deal with Germany's Volkswagen to join forces on commercial vans and pick-up trucks.

Amazing you waited till after the election all suss.

Think its best to start with buggies on the golf course......mixing with mainstream traffic will be a war zone.

And slimy shorten claimed he was going to open a 'new factory'.

Where?

karenandrewsmp Very contradictory news from Ford. If EVs are the future, why are workers moved to SUVs and pick-up trucks? Factories closed which could be used for EV production?

dont worry. coal will still be needed in cars.......

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