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Business News/ Auto News / Ford to offer salaried buyouts, hopes to cut 1,000 US positions

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Ford to offer salaried buyouts, hopes to cut 1,000 US positions

1 min read 05 Aug 2021, 11:27 PM IST

Reuters

The No. 2 US automaker said the 'action is to further enable us to match our business priorities with the critical skills needed to turnaround our automotive operations'

Ford Motor Co. (AP) — Ford Motor Co. **(AP)**

Ford Motor Co confirmed Thursday it hopes to cut 1,000 U.S. salaried positions as it offers voluntary incentives to leave to some white-collar employees in select areas.

The No. 2 U.S. automaker said the "action is to further enable us to match our business priorities with the critical skills needed to turnaround our automotive operations."

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This story has been published from a wire agency feed without modifications to the text.

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Published: 05 Aug 2021, 11:27 PM IST