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Ford may cut up to 2,000 jobs
Detroit, July 19: Ford Motor may cut as many as 2,000 white-collar jobs worldwide, a source familiar with the plan said on Friday, as part of the company`s plan to cut salaried employee costs by 10 per cent.
"The project is a major breakthrough for EIL's upcoming office in Abu Dhabi which is being set up as a hub to serve the Middle East Market,"
A Ford spokesman declined to specify how many jobs might be affected by its cost-cutting plan, which was outlined on Friday as the company began negotiations with the United Auto Workers for a new contract and permission to close two US assembly plants and cut thousands of union jobs.
The source, who asked for anonymity, said most of the salaried job reductions would likely come from the 45,000 such workers in North America. Ford's so-called salaried workers, or those not paid on an hourly basis, include managers, engineers and other executives.
The source, who asked for anonymity, said most of the salaried job reductions would likely come from the 45,000 such workers in North America. Ford's so-called salaried workers, or those not paid on an hourly basis, include managers, engineers and other executives.
Worldwide, Ford has 79,000 salaried employees. A reduction of 2,000 would represent about 2.5 per cent of the worldwide white-collar work force.
Bureau Report
The source, who asked for anonymity, said most of the salaried job reductions would likely come from the 45,000 such workers in North America. Ford's so-called salaried workers, or those not paid on an hourly basis, include managers, engineers and other executives.
The source, who asked for anonymity, said most of the salaried job reductions would likely come from the 45,000 such workers in North America. Ford's so-called salaried workers, or those not paid on an hourly basis, include managers, engineers and other executives.
Worldwide, Ford has 79,000 salaried employees. A reduction of 2,000 would represent about 2.5 per cent of the worldwide white-collar work force.
Bureau Report