More Layoffs Coming At Ford

Ford has announced another round of layoffs – this time for salaried and management jobs.

The automaker will cut 7,000 salaried jobs, adding up to about 10 percent of its global workforce. That includes about 2,300 employees in the U.S.

In an email to employees, CEO Jim Hackett said the company must “reduce bureaucracy” and “cut costs” and says the affected workers will learn their fate this week.