Ford to cut 3,000 jobs in alignment to software and EVs

Ford Motor has said it will cut a total of 3,000 salaried and contract jobs.

The job cuts will be mostly in North America and India.

The job cuts is part Ford’s restructuring plan in its bid to develop software-driven electric vehicles.

Ford Chief Executive Jim Farley had hinted that he thought that the automaker had too many people.

Farley also said that Ford’s workforce does not have the skills required as the auto industry shifts to electric vehicles and digital services.

Ford has a workforce largely hired to support a traditional combustion technology product lineup.

Like Tesla, Ford wants to generate more revenue through services that depend on digital software and connectivity.

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