<p>Ford Motor Co. is cutting about 3,000 white-collar jobs as it attempts to lower costs and make the transition from internal combustion to electric vehicles.</p>.<p>Leaders of the Dearborn, Michigan, automaker made the announcement Monday in a company-wide email, saying that 2,000 full-time salaried workers would be let go along with another 1,000 contract workers.</p>.<p>The cuts represent about 6% of the 31,000 full-time salaried work force in the U.S. and Canada. Ford's 56,000 union factory workers are not affected. Some workers also will lose jobs in India.</p>.<p>Executive Chairman Bill Ford and CEO Jim Farley said in the email that Ford will provide benefits and significant help for the workers to find new jobs.</p>.<p>They wrote that Ford has a chance to lead in the new era of connected and electric vehicles.</p>.<p>“Building on this future requires changing and reshaping virtually all aspects of the way we have operated for more than a century,” the email said.</p>.<p>“It means redeploying resources and addressing our cost structure, which is uncompetitive versus traditional and new companies.”</p>.<p>Farley and Ford wrote that they examined each team's shifting work to decide where cuts would be made.</p>.<p>The company determined that its cost structure wasn't competitive with General Motors, Stellantis and Tesla.</p>.<p>“We are eliminating work, as well as reorganizing and simplifying functions throughout the business,” they wrote in the email.</p>.<p>Farley has said repeatedly that the company has too many people and needs to trim costs so it can move faster as it transitions to electric vehicles.</p>.<p>The company already has restructured in Europe, Asia and India. </p>
<p>Ford Motor Co. is cutting about 3,000 white-collar jobs as it attempts to lower costs and make the transition from internal combustion to electric vehicles.</p>.<p>Leaders of the Dearborn, Michigan, automaker made the announcement Monday in a company-wide email, saying that 2,000 full-time salaried workers would be let go along with another 1,000 contract workers.</p>.<p>The cuts represent about 6% of the 31,000 full-time salaried work force in the U.S. and Canada. Ford's 56,000 union factory workers are not affected. Some workers also will lose jobs in India.</p>.<p>Executive Chairman Bill Ford and CEO Jim Farley said in the email that Ford will provide benefits and significant help for the workers to find new jobs.</p>.<p>They wrote that Ford has a chance to lead in the new era of connected and electric vehicles.</p>.<p>“Building on this future requires changing and reshaping virtually all aspects of the way we have operated for more than a century,” the email said.</p>.<p>“It means redeploying resources and addressing our cost structure, which is uncompetitive versus traditional and new companies.”</p>.<p>Farley and Ford wrote that they examined each team's shifting work to decide where cuts would be made.</p>.<p>The company determined that its cost structure wasn't competitive with General Motors, Stellantis and Tesla.</p>.<p>“We are eliminating work, as well as reorganizing and simplifying functions throughout the business,” they wrote in the email.</p>.<p>Farley has said repeatedly that the company has too many people and needs to trim costs so it can move faster as it transitions to electric vehicles.</p>.<p>The company already has restructured in Europe, Asia and India. </p>