FORD TO ELIMINATE 1,400 U.S. SALARIED JOBS SAYS FORD AMERICA’S PRESIDENT GALHOTRA

Highlights

• The President of Ford America, Kumar Galhotra in an email to the employees said that the company is in a multiyear process of making Ford more fit and effective across the globe

• These layoffs are part of a multiyear $11 billion restructuring

• Ford in its statement had said that it expects a full-year loss courtesy of COVID-19 pandemic

Ford Motor Company in an email sent to ....