United Auto Workers

Ford to cut 1,400 salaried jobs in North America, Asia

Ford to cut 1,400 salaried jobs in North America, Asia

Ford is cutting 1,400 jobs in North America and Asia Pacific this year in an effort to boost profits.

The company will offer voluntary early retirement and separation packages to around 10 percent of its non-factory workers in departments like sales, marketing and human resources. It expects the actions to be complete by the end of September.

Ford believes it will meet its targets by voluntary means and doesn't expect involuntary layoffs, spokesman Mike Moran said Wednesday.

"We remain focused on the three strategic priorities that will create value and drive profitable growth, which include fortifying the profit pillars in our core business, transforming...

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