Ford shares fell as much as 6.1% and were down 4.7% to $15.13 in early afternoon trading as investors digested the job-cut news and a separate $1.7 billion verdict against the automaker on Aug. 19.

Ford is cutting 3,000 white collar jobs as it prepares to shift from traditional internal combustion engine vehicles to electric vehicles. Two thousand of the jobs are salaried positions and ...

Ford Motor Co. will cut 3,000 jobs worldwide as part of a restructuring to lower costs and fund electric vehicle manufacturing. Ford plans to eliminate 2,000 salaried positions and 1,000 contract ...

According to CNBC, Ford employs about 31,000 salaried workers across North America. By the close of 2021, the automaker counted nearly 187,000 global employees, nearly 49% of whom work in the U.S.

Ford Motors Co, Dearborn, Michigan based automobile company has decided to make around 3000 job cuts as it competes with Elon Musk's Tesla in making Electric Vehicles.

Ford Motor Co. confirmed Monday that it’s trimming its global workforce by 3,000 positions in a bid to lower costs as it eyes a long-range transition to electric vehicles.