Ford plans to fire 400 US salaried employees by the end of this year as part of a restructuring plan, a spokesman told the Associated Press.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Spokesman Oscar Suris reportedly said it is the first time in 30 years that Ford has forced out so many white-collar workers.


AP noted that Ford has said it wants to reduce its North American salaried work force by 2,750 jobs by the end of this year, but Tuesday was the first time the company has confirmed that 400 of those employees will be fired – some of those dismissals already have occurred, Suris told the news agency.


The Associated Press said the company has been trying to reduce its work force through buyouts and voluntary separations, but only 1,000 people had left the company by the end of July – Ford has 35,000 salaried workers in North America.


The firings reportedly were announced in an e-mail to mid-level and senior managers from Ford president and chief operating officer Jim Padilla. The employees will be given severance packages according to their years of service with the company, Suris told AP.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The news agency also noted that Ford has announced, earlier this month, that it would cut costs by consolidating its Ford and Lincoln Mercury marketing divisions and shedding sales jobs. Last week, chairman and chief executive Bill Ford reportedly said the company would make a “comprehensive announcement” this autumn that will include a more competitive business model though he declined to be specific and said the plan will not be limited to cost cuts.


According to the Associated Press, the Dearborn-based automaker is saddled with high labour and health care costs at the same time its US market share is falling – to 17.9% in the January-July period from 18.5% a year ago.


Ford’s profits fell 19% in the second quarter to $946 million from $1.17 billion a year ago and its sales were flat in the first seven months of this year, the report added.