Ford Employees Number By Country And By Segment

Workforce. Pixabay Image.

This article presents the number of employees of Ford Motor Company (NYSE: F).

Apart from looking at the total number of employees, we will also explore Ford Motor’s number of employees by segment and by region.

Total Employees

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Ford Motor’s number of employees worldwide reached 173,000 as of fiscal 2022, a decline of 5.5% over 2021.

Before 2017, Ford Motor’s number of employees globally was rising. However, the numbers have been on the decline after fiscal 2017.

Ford’s global employees reached its peak in fiscal 2017 at 202,000.

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Growth Rates Of Total Employees

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The growth rate plot above shows that Ford had most of the growth in total employees before 2017.

After fiscal 2017, Ford Motor recorded mostly a decline in the number of employees globally.

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Employee Numbers By Segment

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Ford’s automotive segment employed the most number of employees in all fiscal years.

The number of employees employed in the automotive segment totaled 155,000 as of fiscal 2022, which was way more than any number of employees in other segments.

Ford’s Corporate And Other had the second most number of employees, notably at 13,000 as of fiscal 2022.

Ford Credit had roughly 5,000 employees as of fiscal 2022 while Mobility had none in the same period due to divestiture of the segment.

A trend worth mentioning is that most of the decline in Ford Motor’s worldwide employees came from the automotive segment.

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Employee Numbers By Segment In Percentage

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Ford Motor’s number of employees in the automotive segment reached a staggering 89.6% of the total number.

However, this ratio has been on the decline over the years. In fiscal 2012, the percentage of employees in the automotive segment was much higher at 96.5%.

The percentage of employees in Ford Credit accounted for only 2.9% of the total as of fiscal 2022 while Corporate And Other accounted for 7.5% of the total in the same period.

Although the percentage has significantly declined, Ford’s automotive segment was still the segment with the highest number of employees as of fiscal 2022.

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Automotive Employee Numbers By Region

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Under the automotive segment, Ford had the most number of employees in North America, reportedly at 98,000 as of fiscal 2022.

Although the figure has significantly declined after reaching more than 100,000 in fiscal 2016, it is still rising on a long-term basis in the North American region.

In contrast, Ford’s automotive in South America has been experiencing a total scale-down in the number of employees over the years.

For instance, the total employees in Ford’s South America within the automotive sector has slumped from 17,000 in 2012 to only 4,000 as of 2022, a 76% reduction over the last 10 years.

Similarly, Ford’s automotive in Europe also has been experiencing the same reduction in the number of employees.

For example, total employees in Ford’s Europe under the automotive segment has declined from 46,000 in 2012 to 35,000 as of 2022, a 24% decline between 2012 and 2022.

Ford’s automotive in China employed only 4,000 employees as of fiscal 2022, the lowest among all regions.

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Automotive Employee Numbers By Region In Percentage

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Ford’s number of employees in North America under the automotive segment accounted for 56.6% of the global workforce as of fiscal 2022, the largest among all regions.

More importantly, the percentage of employees in North America has risen significantly since fiscal 2012. It is the only region that is seeing a rise in the percentage.

On the other hand, Ford’s employees in South America accounted for only 2.3% of the company’s total workforce as of fiscal 2022, and this ratio was similar to that of China.

Ford’s employees in Europe also have experienced a similar decline in percentage and the number came in at 20.2% as of fiscal 2022.

In short, Ford’s South America and Europe are the only regions whose employees have significantly declined.

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Conclusion

In short, Ford Motor’s total employees on a global basis have been on the decline, with most of the decline coming from the automotive sector.

The most impacted regions within the automotive sector were South America and Europe.

Although Ford Motor’s total number of employees in North America has declined in recent years, it still represents a rise over the long term.

Ford Motor employed only 4,000 people in China, representing only 2.3% of the company’s total workforce.

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References and Credits

1. All financial figures in this article were obtained and referenced from Ford’s SEC filings, earning releases, annual reports, investor presentations, etc., which are available in the following location: Ford shareholders page.

2. Pixabay Image.

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Disclosure

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