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

Ford to Offer Salaried Buyouts, Hopes to Cut 1,000 US Positions
A man stands near the Ford logo during a media day for the Auto Shanghai show in Shanghai, China, on April 19, 2021. (Aly Song/Reuters)
Reuters
8/5/2021
Updated:
8/5/2021

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.”