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Ford - employees 2017-2019

In 2019, around 190,000 people were employed by the Ford Motor Company and entities. Net income fell from 3.7 billion in 2018 to only 47 million in 2019.

Restructuring to save costs

    Ford says it needs to restructure if it wants to become more profitable, and restructuring will probably mean job cuts. In 2018, the automaker’s profits in North America took a hit due to higher warranty costs, but it is the divisions in China and Europe that are at the core of Ford’s lower than expected performance. Ford’s European sales dipped below the million unit mark in 2018, and auto shoppers in China were not attracted to Ford’s model lineup, but preferred Volkswagen’s Lavida and SAIC-GM-Wuling’s Hongguang.

New models to save the day

  Ford will likely launch a string of new models during the 2021 model year. This is slated to include an electrified Mustang crossover and new generationa of its F-150 pickup and Bronco sport utility vehicle.

Number of Ford employees from FY 2017 to FY 2019

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Source

Release date

February 2020

Region

Worldwide

Survey time period

FY 2017 to FY 2019

Supplementary notes

The figures are for the years ended December 31.
According to the source, the number of employees equals the approximate number of individuals employed by Ford and entities consolidated by Ford.

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