Ford Motor Co.'s board will be faced this week with the option of cutting about 6,000 more jobs than previously announced as part of changes to its North American turnaround effort, according to a published report Sunday.
The board, which meets Wednesday and Thursday, will have the option of cutting a total of 40,000 jobs by the end of the year, the Detroit Free Press reported, citing "several sources" that it didn't name.
Ford spokesman Oscar Suris said Sunday that the company isn't commenting on speculation about its plans.
The time frame for the cuts mentioned in the Free Press would be swifter than previously announced.
In July, Ford pledged to speed up and possibly deepen its North American turnaround plan.
In its "Way Forward" plan, launched in January, Ford said it would cut up to 30,000 jobs and close 14 facilities by 2012. Those cuts were in addition to the equivalent of 4,000 salaried positions Ford planned to cut.
When announced in January, the up to 30,000 job cuts represented up to 25 percent of Ford's North American work force of 122,000 people.
At the board meeting, executives are expected to present what likely will be a deeper round of cuts and faster new product introductions. Dearborn-based Ford lost $1.4 billion during the first half of the year and is under pressure from Wall Street to do more to cut costs, increase revenue and perhaps sell off some of its assets.
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