Ford’s latest effort to reduce its salaried staff in North America and the Asia Pacific region in an attempt to bolster profitability is affecting employees some 2,300 miles from its Dearborn headquarters, in the city of Irvine, California.
Irvine is home to Ford’s Los Angeles Regional Offices – one of more than a dozen Ford regional offices around the US. Ford has still more salaried employees in California, working out of the company’s Smart Mobility unit in Palo Alto, but jobs there will not be affected by Ford’s current staff reduction effort.
Ford reportedly offered buyout packages to employees at the regional offices last week, although the automaker wouldn’t say how many employees there were given offers. In all, Ford has offered buyouts to some 15,000 employees in North America and Asia Pacific, in the hopes that 1,400 will accept and voluntarily leave the company.
“We continually look at our external environment and our operating performance to optimize results,” said Ford in a statement. “We decided this is the right time to take this action as we work to be as lean as possible.”
(Source: LA Times)