Tuesday, 21 May 2019

Ford :- will reduce its employees




Ford :- will reduce its employees

Car manufacturing companies are going to to reduce their manpower by 7,000 people

This is 10% of Ford company global manpower working in automobile sector

Company has said that there are are going to reduce thousands of jobs from the manufacturing plant

In USA 2300 jobs will be reduce or cut off in ford company

1500 jobs have already been cut off in America 500 people will be more reduce this week

By 24th of May we will be completing this task

Ford is competing in subcompact SUV

Vitara brezza Hyundai venue creta are the competitors and ford bring new model to complete with this established SUV 


Ford has tied up with Mahindra and Mahindra company to compete with others in India and auto industry has taken a note of it and keeping eye on the strategies of both the companies


These two companies will try to to find out new segments new markets and new products in automobile industry

Ford will invest 1 billion dollar investment in next 5 years in India

Food will launch largest SUV with small SUV


Both the companies are also working on electrical vehicle to be launched soon which will be e based on Figo platform next year probably the company will launch SUV they have not revealed price of the new SUV so Ford is going to to lay off or cut off so many employees in coming days



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