Car maker Ford has announced that it is cutting its workforce in the US.
The layoffs are part of Ford’s $25.5 billion (£19.3 billion) reorganisation plan that aims to reduce layers in the company and cut costs.
Chief Financial Officer Bob Shanks told NBC that the goal is to improve the "fitness" of the company.
He added: "A lot of the reorganisation is about making different choices about strategy."
The company has suffered a $1bn (£760 million) blow to profits due to tariffs enacted by US President Donald Trump.
It is unclear how many staff members would be affected however Morgan Stanley estimated that it could be as many as 12 percent of the company’s 202,000 workers.
Last month Ford CEO Jim Hackett told Bloomberg that motoring companies were feeling the pinch when it came to trade tariff wars.
He said: “The metals tariffs took about $1 billion in profit from us and the irony is we source most of that in the US today anyway. If it goes on longer, there will be more damage.”
It's not just the US where Ford have suffered. It's been reported that Europe could see similar cuts to that of the States. Several passenger car models such as the Mondeo are rumoured to be axed from production lines.
Shares in Ford have tumbled 25 percent this year.
