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Ford to cut North America, Asia salaried workers by 10 percent - source

Reuters  |  WASHINGTON/DETROIT 

By David Shepardson and Nick CareyWASHINGTON/DETROIT (Reuters) - Ford Motor Co plans to shrink its salaried workforce in North America and Asia by about 10 percent as it works to boost profits and its sliding stock price, a source familiar with the plan told Reuters on Monday.A person briefed on the plan said Ford plans to offer generous early retirement incentives to reduce its salaried headcount by Oct. 1, but does not plan cuts to its hourly workforce or its production. The move could put the U.S. automaker on a collision course with President Donald Trump, who has made boosting auto ...

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