The cuts will come across the company in the U.S., Canada and India.
DETROIT — Ford Motor Co. is cutting about 3,000 white-collar jobs as it attempts to lower costs and make the transition from internal combustion to electric vehicles.
The cuts represent about 6% of the 31,000 full-time salaried work force in the U.S. and Canada. Ford’s 56,000 union factory workers are not affected. Some workers also will lose jobs in India. Farley and Ford wrote that they examined each team’s shifting work to decide where cuts would be made. The company determined that its cost structure wasn’t competitive with General Motors, Stellantis and Tesla. It has said previously that it has a target of cutting $3 billion in annual internal combustion vehicle structural costs.
A spokesman said the cuts were made across all areas of the company, including cuts in the large work force of internal combustion engineers.Farley has said repeatedly that the company has too many people and needs to trim costs so it can move faster as it transitions to electric vehicles.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Cooler inflation won't sway Bank of Canada from another jumbo hike in September, economists sayICYMI: Cooler inflation won't sway Bank of Canada from another jumbo hike in September, economists say — via financialpost Canada inflation economy
Consulte Mais informação »
New research reveals Canada's richest athletes with surprise at topNew research has revealed who Canada\u0027s richest athletes are in terms of net worth.
Consulte Mais informação »
FP Answers: Where is the best value in Canada for real estate?ICYMI: Where is the best value in Canada for real estate? — via financialpost FPAnswers Canada realestate
Consulte Mais informação »
Columbus Blue Jackets' Kent Johnson lifts Canada past Finland for world junior titleColumbus Blue Jackets center Kent Johnson scored in overtime to give Canada a 3-2 victory over Finland for the world junior hockey title.
Consulte Mais informação »
Saskatchewan's Logan Reider starred in two sports at Canada Summer GamesLogan Reider was Saskatchewan\u0027s flag\u002Dbearer at the Canada Summer Games\u0027 closing ceremony. She competed in female basketball and volleyball.
Consulte Mais informação »
Israeli Series ‘Embezzlement’ Sells To Topic For U.S. & Canada StreamingEXCLUSIVE: Boutique North American streamer Topic has struck its first ever deal with Israeli powerhouse Yes TV for true crime series Embezzlement. First Look Media Entertainment-owned Topic will t…
Consulte Mais informação »