Ford cutting 3,000 white-collar jobs in bid to lower costs

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The cuts will come across the company in the U.S., Canada and India.

DETROIT — Ford Motor Co. is cutting about 3,000 white-collar jobs as it attempts to lower costs and make the transition from internal combustion to electric vehicles.

The cuts represent about 6% of the 31,000 full-time salaried work force in the U.S. and Canada. Ford’s 56,000 union factory workers are not affected. Some workers also will lose jobs in India. Farley and Ford wrote that they examined each team’s shifting work to decide where cuts would be made. The company determined that its cost structure wasn’t competitive with General Motors, Stellantis and Tesla. It has said previously that it has a target of cutting $3 billion in annual internal combustion vehicle structural costs.

A spokesman said the cuts were made across all areas of the company, including cuts in the large work force of internal combustion engineers.Farley has said repeatedly that the company has too many people and needs to trim costs so it can move faster as it transitions to electric vehicles.

 

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