Ford is also looking to restructure its ranks globally, including in Europe, China and South America. The 7,000 job cuts include salaried employees who took buyouts within the past year, as well as jobs that were never filled and later eliminated. In North America, about 500 workers will lose their jobs this week; the total will climb to 800 total by June, according to the Detroit Free Press. In March, GM shut down production in Lordstown, Ohio, an area where manufacturing jobs have declined in recent years. Last week, President Trump said he would hold off, for six months, on deciding whether to put import taxes on foreign cars.

Source: Washington Post May 20, 2019 13:34 UTC