Ford Layoffs 2024: What to Know About the Latest Ford Job Cuts

Ford (NYSE:F) layoffs are a hot topic on Wednesday as one of the U.S.’s biggest automotive companies is preparing to cut jobs!Ford’s job cuts will take place in Spain and will result in 1,600 employees losing their jobs. Of these, 600 are permanent reductions while the other 1,000 may be rehired at a later date.Ford is planning to start production of a new hybrid passenger car at the factory in 2027. The company says it may reach temporary agreements with the union representing employees to keep the 1,000 j ...