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Ford cuts 580 U.S. salaried, agency workers as it restructures for EVs

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Ford CEO Jim Farley at the company’s Dearborn, Michigan, plant where it’s building the electric F-150 Lightning on April 26, 2022.

CNBC | Michael Wayland

DETROIT – Ford Motor is cutting 580 U.S. salaried employees and agency workers as part of its ongoing Ford+ turnaround plan, the company confirmed Wednesday night.

The cuts include approximately 350 salaried and 230 agency positions, according to an emailed statement. The reductions occurred largely in engineering, as the Detroit automaker pivots from vehicles with traditional internal combustion engines to electric cars and trucks that can require different skill sets.

“We continue to align staffing around the critical skills needed to…



Source cnbc.com

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