Ford Will Eliminate 3,000 Salaried Jobs, Most In MI And Metro Detroit

DEARBORN, MI — Ford Motor Company announced Monday it will eliminate 3,000 jobs, with the bulk coming from Michigan and metro Detroit companies as the automaker looks to continue its transition toward producing more electric vehicles.

Officials from Ford headquarters in Dearborn made the announcement in a companywide email, saying that 2,000 full-time salaried workers would be let go along with another 1,000 contract workers. The workforce's 56,000 union workers are not affected, officials said.

"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. "It means redeploying resources and addressing our cost structure, which is uncompetitive versus traditional and new companies."

The 2,000 cuts represent 6 percent of the automaker's 31,000 salaried jobs in the U.S. and Canada. A variety of positions will be cut across the company, including jobs in the internal combustion engineers.

"The majorities of both the salaried (-2,000) and contract/agency (-1,000) reductions are in Michigan – consistent with the state accounting for a great majority of our U.S./North America workforce," Corporate and Public Policy Communications Director T.R. Reid told Patch. "In the meantime, we recently announced investments in five Michigan plants that are expected to create 3,200 good-paying hourly positions."

The cuts come as Ford plans to cut $3 billion in structural costs by 2026 to help bolster its future in producing electric vehicles. Ford’s stock was down about 5 percent in late morning trading Monday to $15.10 a share. The stock is down about 27 percent in 2022.

The Associated Press contributed to this report