About two-thirds of the buyout offers are in North America and the rest in Asia.
"Full details about the voluntary packages and how the program will work will be communicated with employees in early June". That's despite Ford making significant investments into artificial intelligence companies to speed up its self-driving auto programs.
Blessed with the best-selling vehicle in the USA, the enormously profitable F-series pickup truck, which would be a Fortune 500 company on its own, Ford remains endowed with strong financials.
The company agreed to scrap a factory in Mexico and add 700 jobs in MI with the money saved.
Following initial reports of Ford's impending job cuts, investors hardly rallied.
Ford announced plans last month to trim costs by $3 billion a year to free up money to develop the next generation of electric and self-driving cars and trucks.
Ford's profits dropped by 35 percent in the first quarter of 2017 as a result of rising costs, pricey recalls and a drop in fleet sales. That might seem rational to owners of Ford's sagging stock.
Confidence in new French leaders at its lowest in 20 years
As the new French leader received military honours outside Merkel's chancellory, crowds outside the gate chanted his name. Macron said "treaty change long used to be a French taboo", but that this would change now that he was president.
Chaffetz to resign from Congress in June
Gary Herbert wants an expedited special election, in which voters determine both the party primaries and the general. Chaffetz says he's skeptical about the report about the Comey memos but was concerned enough to launch the probe.
Arun Jaitley meet troops along LoC
They can be addressed only when the State has peace. "The aspirations will have to be addressed when the state is in a peaceful format".
David Ayer In Early Talks To Direct 'Scarface' Reboot
It is unknown if his commitment to Scarface will effect his work on DC Films' Suicide Squad spin-off Gotham City Sirens. This Scarface version will be a reboot to both the 1923 and 1983 movies with new elements thrown into the mix.
Cannes ban: Netflix hits out at French 'establishment'
But the potted plants aren't there to look good - they are a security measure to avert terrorist attacks during the film festival. It's the first time any Netflix movies have been considered for the prestigious Palme d'Or award - and it will be the last.
Fiat Chrysler seeks diesel emission certification from EPA
Nonetheless, the stop-sale prevented those models from being sold in the USA until the automaker corrected the issues. California Air Resources Board (CARB) to have its 3.0-liter EcoDiesel V6 engine certified for the 2017 model year.