Ford posts loss, will fire 580 engineers

Ford is cutting out hundreds of engineering jobs in the United States in order to seek out new talent, the automaker said on the same day that it reported a first-quarter loss of more than $3 billion.

The company announced the cuts on Wednesday and said they would come in its engineering division, although it didn’t specify whether those losses would occur at its Detroit-area facilities.

The total number of job cuts will be 580, Ford said. Most will involve salaried employees and the rest are agency positions.

Ford CEO Jim Farley has said previously that the company needs “totally different talent.”


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