Ford Plans To Cut 7,000 White-Collar Jobs World Wide

Posted by at 2:22 pm on May 20, 2019

Ford revealed details of long-in-the-works restructuring  today. A major part of the plan is cutting 7,000 white-collar workers worldwide – around 10% of its global salaried workforce.

Ford says the plan will save about $600 million per year by eliminating bureaucracy and increasing the number of workers reporting to each manager.

In the U.S. about 2,300 jobs will be cut through buyouts and layoffs.

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