Some middle managers at Ford Motor (F.N) will not get stock bonuses this year in what is seen internally as CEO Jim Farley's latest attempt to cut the automaker's bloated costs, according to six people familiar with the matter.

Around 1,650 middle managers out of 3,300 globally will not get stock bonuses, according to a person familiar with the discussions.

The stock awards are usually paid in March, but senior managers have been told to select which half of their middle management staff will receive them, four of the sources said.