The ongoing economic problems around the world have caused many companies to move from digital platforms to NFT platforms, and even social media giants. Unfortunately, this annoying news continues to increase by the day and it is clear that auto giants are next.

According to today’s news, auto giant Ford, which has existed in our country for many years, has become another company hit by economic problems. The US-based company announced in an email to its employees that there will be some layoffs.

3,000 employees are laid off

In an email signed by Jim Farley, who is a member of Ford’s senior management team, and Bill Ford, chairman of the board, it was announced that many employees will be laid off today. In the details of these layoffs on a global scale; The company’s cost structure was reportedly “traditional” and “uncompetitive” against competitors. Of course, the content of the e-mail was not limited to that. In the mail from senior managers, that the company’s resources are being reorganized underlined.

This concerns all employees worldwide. layoffs will be concentrated in the US, Canada and India reported. Of course, after this layoff decision, Ford stock quickly began to depreciate in New York stock markets. The current loss is almost 5%.