TRUMPED? Ford To Eliminate 10% Of All White Collar Jobs In US In Cost Cutting Move

Ford Motor Co (F.N) plans to shrink its salaried workforce in North America and Asia by about 10 percent as it works to boost profits and its sliding stock price, a source familiar with the plan told Reuters on Monday.

A person briefed on the plan said Ford plans to offer generous early retirement incentives to reduce its salaried headcount by Oct. 1, but does not plan cuts to its hourly workforce or its production.

The move could put the U.S. automaker on a collision course with President Donald Trump, who has made boosting auto employment a top priority. Ford has about 30,000 salaried workers in the United States.


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xjug1987a - 5/16/2017 10:04:59 AM

0 Boost

Seriously? This has a lot more to do with Mark Fields than Trump. Trump is a fighter for jobs that spur growth it's that simple. Mark Fields has big shoes to fill and it shows. Your title is pathetic and you're wearing out your base with this type of baiting.

Hauerg - 5/16/2017 10:36:46 AM

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Is he? What has he actually DONE?

nguyenvuminh - 5/16/2017 1:06:49 PM

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"...Your title is pathetic and you're wearing out your base with this type of baiting..." ?!#?$?@?$ Seriously, you think so? I can't imagine that.

dumpsty - 5/16/2017 2:07:10 PM

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Seems like a very "involuntary" decision to cut jobs, especially after cancelling the new facility in Mexico.

Ford should start announcing their product/production/facility/staffing plans before Trump does.

HoustonMidtown - 5/16/2017 2:30:59 PM

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So when Ford adds jobs, it's because of Trump....when they cut jobs, it 's not because of Trump....got it

xjug1987a - 5/16/2017 5:25:07 PM

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Pretty sure this was s car site not a political site. Be nice to stick to what we all love and that's cars...

llaroo - 5/16/2017 9:13:59 PM

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car companies are in the business of making money , not employing people.

MDarringer - 5/16/2017 9:58:04 PM

+1 Boost

Reducing white collar at Ford is a wise move.

nguyenvuminh - 5/16/2017 11:51:15 PM

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Is "Reducing white collar" synonymous with bring job back to America?

MDarringer - 5/17/2017 8:31:56 AM

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Moreover, Ford is seeing the downturn and is doing something. Meanwhile at GM, inventories are at an all-time high and production has not been curtailed. Meanwhile at FCA, more money on the hood to prop up sales.

GM dumping Opel was wise and there are reports that GMDAT is next for a purge.

carloslassiter - 5/17/2017 8:30:49 PM

+2 Boost

"car companies are in the business of making money, not employing people."

At least one person gets it. I fee pity for the rest of you that think Trump can wave a wand or something and bring back the US economy circa 1955.

MDarringer - 5/17/2017 10:27:23 PM

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False conclusion to the quote...#illogical