Ford Motor said Wednesday it is offering voluntary buyouts to white-collar employees in the U.S. as it continues to pivot toward new technologies including all-electric vehicles. Ford will offer the buyouts to certain salaried employees who are eligible for retirement as of December 31. Employees have until October 23 to accept the buyout and those who don’t could be laid off.
See "Ford Making White-Collar Job Cuts in the US ", Matthew Heller , CFO, September 9, 2020