- In a move influenced by a company-wide restructuring effort, Ford plans to cut jobs from its global salaried workforce, which the company told Business Insider consists of about 70,000 workers.
- Ford officials told The Detroit News that the cuts were expected to come by the second quarter of 2019 but that they didnt know which regions would see the largest cuts and didnt expect the work reduction to affect hourly employees.
- Last month, CEO Jim Hackett told a Bloomberg business forum conference that metal tariffs from President Donald Trumps trade war were costing the carmaker $US1 billion.
According to The Detroit News, Ford employs 86,000 workers in the US and 202,000 people globally.
Read the full article at: https://www.businessinsider.com/ford-to-cut-jobs-as-part-of-global-restructuring-effort-2018-10