DETROIT Ford Motor Co. is more likely to put salaried staff on rotating unpaid furloughs if the coronavirus disaster lasts past early Could, CEO Jim Hackett stated.

Talking to WWJ-AM in Detroit on Tuesday, Hackett stated Ford nonetheless hopes to make it via the pandemic with out taking such actions. He talked about strikes Ford took final week, together with deferring govt compensation, delaying raises and slicing time beyond regulation.

"I am attempting to maintain the whole lot established order, however as time goes on, I will should make extra modifications," Hackett stated. "This furlough concept might be one of the best one. Utilizing furloughs is a great approach the place you may dial down a number of the compensation. It is painful, however the jobs aren't in query. Then as you get via it, you dial again up the pay. That might be the subsequent factor we'd do."

Common Motors and Fiat Chrysler Cars have already got stated they'd defer 20 % of salaried staff' pay, giving them the misplaced earnings at a later date. As well as, GM stated 6,500...