Ford plans to cut jobs in the wage-earning world as part of the restructuring



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As the automaker begins the $ 11 billion restructuring process, Ford is gearing up to reduce its global payroll as part of the plan.

Kiersten Robinson, the human resources director of the Dearborn, Michigan-based automaker, told Detroit News that the cuts could include the profitable North American region.

Robinson and Mark Truby, Ford's vice president of communications, told the news agency that the automaker will know where the cuts will occur by the second quarter of 2019, but that hourly employees should not be affected.

In the current state of affairs, there are no concrete details aside from the fact that Ford plans to reduce its global workforce, as it seeks to reduce this number of employees.

"We are tackling long-term problems, and we are going to solve them in a very thoughtful and methodical way, and not in a chaotic way," Ford President Jim Hackett recently told Automotive News.

"We are not in crisis, society is in great shape."

In the third quarter of this year, Ford sales declined 4% in the United States to 606,939. Car sales fell 25.7%, 9.9% for pickup trucks and 2% , 7% for SUVs.

Hackett 's plan is to reduce the automaker' s budget by about 20 billion by 2022 by 20% in order to generate a profit margin of 8%. This includes massive cuts in product development, information technology, marketing and incentive expenses, as well as in manufacturing costs.

"It's really about redefining the industry," Ford spokeswoman Karen Hampton told Automotive News. "It follows that there will probably be reductions.

"The real goal is to change the way we work."

According to the Associated Press, President Donald Trump 's tariffs on steel and aluminum have already cost the billion car manufacturer Dearborn nearly $ 1 billion. Hackett said in a recent television interview that Ford was buying steel and aluminum from US producers, but that most had raised their prices because of tariffs applied to foreign competitors.

With respect to these tariffs, the Trump administration imposed a tariff of 25% on imported steel and 10% on imported aluminum.

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