{"id":26815,"date":"2023-06-24T02:27:24","date_gmt":"2023-06-24T06:27:24","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/ford-preparing-for-new-round-of-layoffs-for-us-salaried-workers-wsj\/"},"modified":"2023-06-24T02:27:25","modified_gmt":"2023-06-24T06:27:25","slug":"ford-preparing-for-new-round-of-layoffs-for-us-salaried-workers-wsj","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=26815","title":{"rendered":"Ford preparing for new round of layoffs for US salaried workers – WSJ"},"content":{"rendered":"
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\u00a9 Reuters. A Ford logo is seen during the New York International Auto Show, in Manhattan, New York City, U.S., April 5, 2023. REUTERS\/David ‘Dee’ Delgado<\/span>
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(Reuters) – Ford Motor (NYSE:) is preparing for a new round of layoffs for its salaried workers in the United States, the Wall Street Journal reported on Thursday, citing people familiar with the matter. <\/p>\n

The company in March last year announced plans to reduce structural costs of up to $3 billion at its gas-powered vehicle unit. In August, Ford said it would cut a total of 3,000 salaried and contract jobs, mostly in North America and India. <\/p>\n

According to the WSJ report, the new round of layoffs is expected to affect employees at the Detroit automaker’s gas, electric-vehicle and software divisions, but the number of cuts could not be learned.<\/p>\n

Ford did not immediately respond to a Reuters request for comment. <\/p>\n

The automaker’s latest effort to streamline its operations comes after peers Stellantis NV and General Motors (NYSE:) said they were offering employee buyouts.<\/p>\n

Price hikes and strong demand for new vehicles have helped automakers counter some inflationary headwinds, though higher costs of raw material remain a challenge. <\/p>\n

Automakers have also been trying to control costs at their expensive-to-run electric vehicle businesses, a focus area for the industry as environmental-friendly vehicles drift into the mainstream. <\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a9 Reuters. A Ford logo is seen during the New York International Auto Show, in Manhattan, New York City, U.S., April 5, 2023. REUTERS\/David ‘Dee’ Delgado (Reuters) – Ford Motor (NYSE:) is preparing for a new round of layoffs for its salaried workers in the United States, the Wall Street Journal reported on Thursday, citing […]<\/p>\n","protected":false},"author":1,"featured_media":26816,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-26815","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"\nFord preparing for new round of layoffs for US salaried workers - WSJ | iFintechWorld<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters. 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