Author: Interview Scanning Online

Ford’s Kumar Galhotra: Job cuts had to be slow – Automotive News Canada

Galhotra pointed to his North America team as an example of how Ford Motor wants to “fundamentally change” how it operates. After Galhotra was promoted to his position last year, he took over the 11th floor of Ford’s headquarters, converting executive offices into “franchise rooms” for individual nameplates. The franchise rooms — there are 17,… Continue reading Ford’s Kumar Galhotra: Job cuts had to be slow – Automotive News Canada

Ford Cuts To Grow. Sears Cuts To Die. – Forbes

Ford Motor Company recently announced dramatic cuts in staff. Sears Holdings has been doing so for years. What’s the difference? Ford cuts to transform and grow. Sears cuts to survive— and die. DETROIT, MI-JANUARY 14: Ford Motor Company President and CEO James Hackett speaks at the debut of Ford vehicles at the 2018 North American International… Continue reading Ford Cuts To Grow. Sears Cuts To Die. – Forbes

Ford’s layoffs fit with Hackett’s vision for fitness – The Fabricator

Today’s announcement by Ford’s CEO Jim Hackett that the automaker is cutting 7,000 white-collar jobs, worldwide, was jarring, but not surprising, considering his focus on business fitness.Today’s announcement by Ford CEO Jim Hackett that the automaker is cutting 7,000 white-collar jobs worldwide was jarring, but not exactly surprising to me.Just a little over a month… Continue reading Ford’s layoffs fit with Hackett’s vision for fitness – The Fabricator

Ford Cuts 10% Of White-Collar Workforce – Forbes

Ford CEO Jim Hackett cleared up reports for months that the company would have a major white-collar job reduction. Ford Ford Motor Co., as expected, is trimming its sails in the hopes of jump-starting its profitability and share price, announcing a cut of 7,000 white-collar jobs worldwide, including about 2,300 in the U.S. CEO Jim… Continue reading Ford Cuts 10% Of White-Collar Workforce – Forbes

A Lincoln exec explains why the automaker wasn’t surprised by the success of its new Navigator SUV — and promises a fully electric Lincoln is in the works – Business Insider

Ford is in the middle of an $11-billion turnaround plan, led by CEO Jim Hackett, that looks to be gaining some traction after about two years. Since the beginning of the year, Ford’s stock — declining for much of Hackett’s tenure — has reversed course and is now up over 20%. Within Ford, there’s been… Continue reading A Lincoln exec explains why the automaker wasn’t surprised by the success of its new Navigator SUV — and promises a fully electric Lincoln is in the works – Business Insider

Documents suggest sale of Jaguar Land Rover to PSA is “imminent” – Aberdeen Evening Express

(Jaguar Land Rover) Leaked information suggests a sale of struggling Jaguar Land Rover to French automotive group PSA could be imminent. It is understood a “post-sale integration document”, which outlines the benefits of the two companies joining forces, is already in circulation and the firms are exploring the detail of cost saving benefits after a… Continue reading Documents suggest sale of Jaguar Land Rover to PSA is “imminent” – Aberdeen Evening Express

Carlos Ghosn to fight to ‘bitter end’ as ex-Nissan chairman detained for 10 days – The Guardian

Carlos Ghosn Ghosn, who can be questioned without his lawyers present, declares innocence in TV interview just before re-arrest Former Nissan chairman Carlos Ghosn has said he ‘will not be broken’ by Japanese prosecutors over claims he understated his salary. Photograph: Kazuhiro Nogi/AFP/Getty Images Carlos Ghosn will be detained for questioning for 10 days, a… Continue reading Carlos Ghosn to fight to ‘bitter end’ as ex-Nissan chairman detained for 10 days – The Guardian