Ford plans to cut several thousand salaried jobs

ford motor According to people familiar with the matter, the company is planning to cut several thousand white-collar workers as it seeks to cut costs to position the company for the long-distance transition to electric vehicles.

People said the auto maker could unveil plans to eliminate more than 4,000 jobs in the coming weeks. The cuts will come mostly from the North American salaried ranks of the Dearborn, Mich.-based auto maker and are not expected to include factory workers, the people said.