Ford Europe now employs 53,000 people, and while we don't have a specific number that Ford will be laying off, reports put it in the thousands.
The review also includes "rescaling the footprint of the business" with Ford reviewing the efficiency of its plants, Armstrong said.
The new job losses are in addition to the 1,500 workers who left the company previous year. A Ford spokesman said the carmaker now assumes that any Brexit deal would keep tariff-free trade between Britain and Europe. About 1,000 would be at Bridgend, the plant that has already had its workforce cut to 1,765.
The company's new plans follow moves to close an automatic transmission plant in Bordeaux, combine administrative headquarters in Britain and end production of its C-Max models in Saarlouis, Germany.
Ford's transformation push comes at a time when the automotive sector is undergoing major changes as a result of the development of new technologies - accelerated by disenchantment over diesel engines. He did not specify how many are people are going to lose jobs, but said Ford hopes to achieve that through voluntary redundancies.
Ford has announced new plans to improve profitability and cut costs by expanding in some vehicle segments, including EVs, and exiting others as well as making job cuts.
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Many automakers are also bracing for an expected slowdown in global demand for cars, Caldwell says. The company said it will launch a strategic review of its Ford Sollers venture that is based in Russian Federation, with a number of restructuring options available.
It will include a range of measures to cut costs in areas such as purchasing, manufacturing and engineering, as well as to reduce "surplus labour", for which union negotiations are just beginning.
"If Brexit went in the wrong direction we would need to take another look to mitigate the impact of that - we will take whatever action is needed".
"We are continuing to invest in the business, especially in electrified cars", said Armstrong.
So far the only potential alliance Ford and Volkswagen have confirmed involves commercial vehicles.
Its first electric vehicle, the I-Pace SUV, had a rocky reception but recovered late-2018 with strong sales numbers.
Ford's European business, which relies on models like the recently revamped Fiesta and Focus hatchbacks, reported a $245 million loss during the third quarter, widening from $192 million a year earlier.