Agree with @yip. To further add, a company will have a certain 'group' of people they want to cull which is usually the tenured which have the higher salaries and the older workers that typically have more health problems and use their benefits more often.
Legally, the company can't just go in with a flame thrower and take these groups out so legal gets involved by approving the list of terminations. In order to avoid lawsuits, the company creates a balanced list of old v young, male v female, years of service, salary ranges, etc. so it is hard to make a claim against the company for discrimination. Once the legal department 'approves' the list, good luck and happy Hunger Games.
I saw this at a previous company I worked at. The culling dragged on for years. The stress it brought was unbelievable. Rumors of antidepressant use rose. People would break down in tears at their desks from the stress of not knowing their future and doing the extra work when half their team was gone. People's personalities changed. There was no joy in the workplace. The entire building became toxic. The company also went to the Burn and Churn method of performance reviews at the same time. Training new employees halted so you weren't training your replacement and employees stopped sharing team knowledge.
I was part of the SRD in May 2019 and am happily continuing my career elsewhere so I don't know if my extreme description of my past experience is happening at Ford. Good luck everyone!