Ford Motor, a US-based automaker, is allegedly confirming that it is cutting off some 3,000 employees and contract workers. Employees in the US, Canada, and India would be most affected by the layoffs.

The Wall Street Journal reports that Ford informed staff through internal email that it will start informing affected salaried and agency workers of the layoffs this week. 

In Dearborn, Michigan, there will be about 2,000 paid positions lost. According to the business, the remaining 1,000 employees hold contract jobs with other organisations.

Ford is altering how it operates and reallocating resources as it embraces new technologies that were not previously central to its operations,

such as developing cutting-edge software for its vehicles, according to an email signed by Executive Chairman Bill Ford and Chief Executive Jim Farley.

A spokeswoman said the job cuts will take effect on September 1.

A spokeswoman said the job cuts wilFarley previously said that Ford employs too many people and that the current workforce lacks the skills necessary to make the switch to a lineup of electrified, software-driven automobiles.l take effect on September 1.

In order to increase his pretax profit margin to 10% by 2026 from 7.3% this year, he has stated that he plans to slash $3 billion in yearly costs by that time.

Several media outlets reported in July that layoffs were coming for white-collar staff as part of a broader restructuring to sharpen the car company's focus on electric vehicles and the batteries that power them