DETROIT — Ford Motor Co. plans to eliminate 3,000 jobs globally this week, according to a letter sent to employees Monday and obtained by Automotive News.
The automaker is cutting 2,000 salaried positions and 1,000 agency jobs, CEO Jim Farley and Executive Chair Bill Ford said. Affected employees in the U.S., Canada and India will be informed this week, the letter said. A Ford spokesman confirmed the letter as authentic.
"Building this future requires changing and reshaping virtually all aspects of the way we have operated for more than a century," Farley and Ford wrote. "It requires focus, clarity and speed. And, as we have discussed in recent months, it means redeploying resources and addressing our cost structure, which is uncompetitive versus traditional and new competitors."