US car giant Ford has announced it will cut 7,000 jobs globally by the end of August in an effort to save costs.
The plan will reduce Ford’s workforce by 10% and will be made through both voluntary and forced redundancies, according to the firm.
Ford said the plan, which includes 2,300 cuts in the US, will save the company $600m (£471m) a year.
It is the second major US carmaker to announce redundancies, following GM which is shedding 14,000 posts.