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Ford eliminating some salaried jobs as part of redesign process

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Ford Motor Company is eliminating more salaried jobs as part of its "redesign" process.

In February, Ford announced it would be eliminating more than 1,000 jobs at the Flat Rock Assembly Plant, with workers being moved to other plants after the cuts are made.

Ford said the job cuts are part of its "Smart Redesign" process.

Read the full statement below:

Ford is undergoing a Smart Redesign process that will help us create a more dynamic, agile and empowered workforce, while becoming more fit as a business. Our redesign will reduce bureaucracy and empower our leaders, enabling us to focus on the most value-added work and ensure we have the right cost structure around the world. This work has resulted in some separations of salaried employees and the reassignment of others. We expect the process to be completed in the second quarter, and will make announcements at the appropriate time.

In January, Ford announced it was planning to cut thousands of jobs in Europe as part of its restructuring plan.