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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 

The Indian operations of US auto major Ford, that has announced around 1,400 job cuts in North America and Asia Pacific, are unlikely to be majorly affected by the exercise. The company said it plans to reduce 10 per cent of its salaried costs and personnel levels in North America 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," Ford said in a statement. While the company will be communicating to employees in early June the full details of its separation ...

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First Published: Wed, May 17 2017. 21:42 IST
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