Ford Motors to Push Voluntary Retirement for 1,000 Employees... Workforce Adjustment Focused on Digital and Electric Vehicles
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[Asia Economy Reporter Park Byung-hee] Major foreign media reported on the 5th (local time) that the American automaker Ford is accepting voluntary retirements.
Ford plans to reduce its workforce by about 1,000 employees, primarily targeting office workers for voluntary retirement applications.
Ford intends to increase the proportion of personnel in digital services and electric vehicle development through workforce restructuring. The company stated that it aims to create conditions for future growth through workforce reallocation.
Ford plans to invest $30 billion in the electric vehicle sector by 2025.
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Ford will provide employees who apply for voluntary retirement with six months' salary and health insurance benefits.
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