Ford Is Laying Off 7,000 People. How Can Its Leaders Manage The Fallout?

Recently, Ford Motor announced it would lay off 500 employees in the United States, nearing the end of a two-year effort to reduce its salaried workforce by 10% — or nearly 7,000 people. When layoffs from earlier this year are included in the tally, a total of 800 white-collar workers in the U.S. will lose their jobs by August.