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Ford's global job cut unlikely to have major impact in India

Most of the company's operations in India are in the exempted categories

Press Trust of India  |  New Delhi 

Ford
The logo of Ford is seen during the 87th International Motor Show at Palexpo in Geneva, Switzerland File photo:REUTERS

The Indian operations of auto major Ford, that has announced around 1,400 in and Asia Pacific, are unlikely to be majorly affected by the exercise.

The company said plans to reduce 10 per cent of its salaried costs and personnel levels in and Asia Pacific this year, using voluntary packages.

"We expect 1,400 salaried positions to be affected and for people to depart by the end of September," said in a statement.

While the company will be communicating to employees in early June the full details of its separation programme, sources said the Indian arm may not be majorly affected as its operations here are mostly in the domains which has excluded from the exercise.

stated that while most skill teams in and Asia Pacific will be involved in the separation scheme, the company's product development, financial services arm Credit, manufacturing, IT, global data and analytics will be exempted from the exercise.

Most of the company's operations in are in the exempted categories.

"We remain focused on the three strategic priorities that will create value and drive profitable growth, which include fortifying the profit pillars in our core business, transforming traditionally underperforming areas of our core business and investing aggressively, but prudently, in emerging opportunities," the company said in its statement.

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