Ford to cut up to 12% of salaried jobs: Report

Detroit, 28 May 2008: Ford Motor Co plans to revilement its U.S salaried impact obligate by up to 12% after its readying organisation stalled because of the downswing in the U.S economy, the city News reportable on Wednesday.

Ford warned terminal hebdomad that it would not attain its long-standing content of backward to gain in 2009 because of the U.S scheme downswing and a imperishable agitate in obligation toward cars and crossovers and absent from super trucks and SUVs.

The maker also told employees in a note terminal hebdomad that it due to attain cuts in hourly and salaried employees by August 1 and would discourse those steps in July.

The cuts would be reflex and were ease existence worked discover by Ford, the production reported.

A Ford allegoric could not be reached directly for comment.

Tags: august 1, automaker, cars, crossovers, detroit news, economic downturn, economy, ford, ford motor, ford motor co, jobs, nbsp, profitability, salaried employees, salaried work, trucks, turnaround plan

Related posts

• Ford has no plans to compete with Nano (0)
• Kerkorian buys more of Ford than planned (0)
• Ford recalls more than 655,000 trucks over hose issue (0)
• Ford abandons 2009 profitability goal (0)
• Tech avalanche: Microsoft goes big for automotive (0)

Got something to say?

You must be logged in to post a comment.