DETROIT: Ford Motor said on Monday it will eliminate about 10% of its global salaried workforce, cutting about 7,000 jobs by the end of August as part of its larger restructuring in a move that will save the No. 2 automaker US$600 million annually.
Ford has been restructuring its operations globally to improve profitability and speed product development, making or announcing cuts in Europe, South America and Russia. US President Donald Trump has pushed boosting auto sector employment, harshly criticising automakers, especially General Motors for cutting jobs, but has focused primarily on blue-collar cuts at factories rather than white-collar reductions.
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