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Ford cutting 1,400 US salaried jobs with retirement offers
Read full article: Ford cutting 1,400 US salaried jobs with retirement offersDEARBORN, Mich. Ford Motor Co. will offer early retirement incentives with hopes of cutting its U.S. white-collar workforce by 1,400 more positions. A spokesman says Ford expects to meet its goals with the offers. The offers will go to U.S. salaried workers who are eligible to retire as of Dec. 31. The offers won't go out in every part of the business. Ford has about 30,000 white-collar workers in the U.S.
Ford cutting 1,400 US salaried jobs with retirement offers
Read full article: Ford cutting 1,400 US salaried jobs with retirement offersDEARBORN, Mich. Ford Motor Company is looking to cut its North American workforce by 10% with more than 1,000 jobs on the chopping block. However, information technology workers and those responsible for rolling out new vehicles will not be affected. Ford has been working for several years to become more profitable and now the company sees it needs to make cuts to its most profitable corner to keep it profitable. The company intends to reduce salaried or white collar headcount by 1,400, using those retirement eligible by the end of this year. These layoffs and this restructuring are not in response to the current economic conditions, Brinley said.