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Ford Motor Co to cut 10% of white-collar jobs as part of global restructuring

Reuters Monday, 20 May 2019
Ford Motor Co 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 $600 million annually.
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News video: Ford Motor Co to cut 10% of white-collar jobs as part of global restructuring

Ford Motor Co to cut 10% of white-collar jobs as part of global restructuring 00:42

According to Reuters, Ford Motor Co. will cut 10-percent of their white-collar jobs as part of a global restructuring plan. The No. 2 automaker plans to cut about 7,000 jobs by the end of August, which will include 10-percent of it's global salaried workforce. The restructuring is estimated to save...

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