ford motor co f reportedly plans to commence layoffs this week in its engineering sections in the us and canada the job loss is expected to affect all three of its business units reported cnbc the move comes as the auto manufacturing giant seeks to cut costs in order to realign its operations in its filing in may ford said it expected to take between 15 billion and 2 billion charges for employee separations and supplier settlements also read us energy department to loan 92b to ford sk jv to set up battery plants in february the company outlined actions to revitalize its european business price action f shares are trading higher by 028 at 1415 in premarket on the last check tuesday