Ford to Offer Salaried Buyouts, Hopes to Cut 1,000 US Positions

By Reuters
Reuters
Reuters
August 5, 2021 Updated: August 5, 2021

WASHINGTON—Ford Motor Co confirmed Thursday it hopes to cut 1,000 U.S. salaried positions as it offers voluntary incentives to leave to some white-collar employees in select areas.

The No. 2 U.S. automaker said the “action is to further enable us to match our business priorities with the critical skills needed to turnaround our automotive operations.”

Reuters
Reuters