Ford Motor will cut about ten percent of its global salaried workforce,... cutting about seven-thousand jobs by the end of August,... as part of a larger restructuring process.<br />According to Ford CEO Jim Hackett on Monday,... the cuts will include both voluntary buyouts and layoffs,... adding that it freezes open positions, as well.<br />The company's spokesperson says about 23-hundred workers in the U.S. will be laid off.<br />Within the cuts,... Ford Motor will also eliminate close to a fifth of upper-level managers,... a move intended to reduce bureaucracy and speed up decision making.<br />The restructuring move is expected to save the American automaker 600 million U.S. dollars every year. <br /><br />
