/ Source: The Associated Press
A newspaper report says Ford Motor Co. may cut its U.S. salaried work force by up to 12 percent, or more than 2,000 jobs, as it tries to keep its restructuring plan on track amid slumping sales and record-high gas prices.
The Detroit News reported Wednesday that some employees were told about planned involuntary layoffs of about 10 percent — or as high as 12 percent — during a town hall-style meeting on Friday.
A message was left Wednesday seeking comment from Ford.
Ford announced last week it would cut production and no longer expects to return to profitability by 2009. Dearborn-based Ford didn't rule out layoffs and said it would release more detail about cost-cutting efforts in July.