Ford Motor Co. plans to reduce its salaried personnel costs in North America by an average of 10%, Wards has learned. The sweeping move will cut the equivalent of about 4,000 positions as part of its restructuring plan, referred to as “Way Forward,” which will be announced in January. The involuntary cuts will involve the reduction of “salaried, agency and purchased services,” according to a memo sent to employees today (Nov. 18) by Ford President of the Americas Mark Fields. Mark ...
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