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Ford Motor Co cutting about 10% of global salaried workforce

Updated : May 20, 2019 07:38 PM IST

The cuts come as US President Donald Trump has made boosting auto sector employment a key goal. Trump has harshly criticized automakers, especially General Motors Co, for cutting jobs, but has focused primarily on blue-collar cuts at factories rather than white-collar reductions.
Restructuring work continues in Europe, China, South America and the International Markets Group and the Dearborn, Michigan-based company expects to complete the process in those markets by the end of August, Hackett said.
Ford Motor Co cutting about 10% of global salaried workforce
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