Ford Motor Co confirmed on Wednesday it is cutting an unspecified number of U.S....
FILE PHOTO: The Ford logo is pictured on the company's stand during the 88th Geneva International Motor Show in Geneva, Switzerland, March 7, 2018. REUTERS/Denis Balibouse
Said Deep, a spokesman for the second largest U.S. automaker, declined to say how many jobs are being slashed but said the company expects the process to be completed by the end of June. He said the restructuring “has resulted in some separations of salaried employees and the reassignment of others.”
Last month, Ford said it would close its oldest factory in Brazil. It also said it would get out of its heavy commercial truck business in South America, a move that could cost more than 2,700 jobs.
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