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In a bombshell revelation, a report published by Bloomberg says that Ford may be making the most significant operational change yet in response to electrics: cutting thousands of jobs.

Bloomberg cites unnamed sources familiar with the matter who says the Blue Oval plans to reduce headcount by 8,000 over the next few weeks. The sources say the cuts intend to target the Ford unit responsible for producing internal combustion engine vehicles, along with those in salaried positions.

The report points out that Ford currently employs around 31,000 salaried workers, the bulk of whom are in the US.

Bloomberg cites a statement from Ford where the automaker\\u2019s Chief Communications Officer Mark Truby declined to comment on the cuts, but does say it\\u2019s focused on operational strategies with EV growth in mind.\\xa0

\\u201cAs part of this,\\u201d said Truby, \\u201cwe have laid out clear targets to lower our cost structure to ensure we are lean and fully competitive with the best in the industry.\\u201d

This spring, Ford CEO Jim Farley also unveiled a plan to cut $3 billion in costs from the company, an initiative that followed comments earlier in the year where Farley declared that Ford has \\u201ctoo many people.\\u201d

The company also made headlines amid a recent restructuring, where Ford split the company\\u2019s ambitions into one focused on EVs \\u2013 titled Model e \\u2013 and one dedicated to gas powered vehicles \\u2013 titled Ford Blue. During a town hall meeting in March detailing the changes, it was reported that executive chairman Bill Ford told an employee concerned about risk that a bigger risk would be to not make a bold change when the world is changing so fast.\\xa0

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