Ford is laying off 3,000 employees

Ford is laying off about 3,000 employees and contract workers, with the cuts primarily affecting staff in the US, Canada, and India,

. Chairman Bill Ford and CEO Jim Farley sent a memo on Monday informing staff of the layoffs, with affected workers being told later this week.

“Building this future requires changing and reshaping virtually all aspects of the way we have operated for more than a century,”…