By Canadian Press

Ford is cutting 7,000 white-collar jobs

May 20, 2019 | 7:35 AM

DETROIT — Ford is almost finished with a major global restructuring and by the time it ends in August the automaker will have shed 7,000 white-collar jobs.

The company said Monday that the plan will save about $600 million per year by eliminating bureaucracy and increasing the number of workers reporting to each manager.

The cut amounts to 10 per cent of Ford’s global salaried workforce.

In the U.S. about 2,300 jobs will be cut through buyouts and layoffs. About 1,500 already have happened. About 500 workers will be let go this week.

What's Happening in Lethbridge this week: November 12-17, 2024

Nov 12, 2024

What's Happening in Lethbridge this week: November 4-10, 2024

Nov 04, 2024

What's Happening in Lethbridge this week: October 28-November 3, 2024

Oct 28, 2024

The Associated Press