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Ford to cut 10 percent of its salaried workforce in North America, Asia
May 17, 2017 / 12:01 PM / 7 months ago

Ford to cut 10 percent of its salaried workforce in North America, Asia

(Reuters) - Ford Motor Co (F.N) said on Wednesday that it plans to cut 10 percent of its salaried workforce in North America and Asia.

FILE PHOTO - A newly remodeled Ford F250 Super Duty truck is displayed at the new Louisville Ford truck plant in Louisville, Kentucky, U.S. on September 30, 2016. REUTERS/Bryan Woolston/File Photo

    The U.S. automaker employed about 201,000 workers globally as of Dec. 31.

    Reuters reported the news on Monday, citing a source familiar with the matter.

    Reporting by Ankit Ajmera in Bengaluru; Editing by Martina D'Couto

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