Ford Motor Co. will offer early retirement incentives with hopes of cutting its US white-collar workforce by 1,400 more positions.
Kumar Galhotra, the company's president of the Americas, told employees about the offers Wednesday morning. The company says they're part of an $11 billion restructuring plan that started more than a year ago.
Most of the reductions would take place in the area of Dearborn, Michigan, where Ford has its headquarters and large product development and engineering operations. A spokesman says Ford expects to meet its goals with the offers. If it doesn't, then it may consider involuntary separations.
The offers will go