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
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Ford to cut 7,000 jobs including more than 500 in UK
Ford US carmaker announces plans to reduce global workforce by 10% by the end of August A Ford Mustang at the London Motor Show last week. Photograph: Velar Grant/Zuma Wire/Rex/Shutterstock Ford is to cut at least 7,000 jobs, including about 550 in the UK, as it presses ahead with plans to reduce costs in Europe… Continue reading Ford to cut 7,000 jobs including more than 500 in UK
Ford will slash 7,000 salaried jobs by August
Ford Motor is laying off 7,000 salaried employees as part of CEO Jim Hackett’s restructuring plan to reduce bureaucracy, cut costs and turn the automaker into a more agile company prepared for a future that extends beyond its traditional business of producing and selling cars and trucks. The cuts represent about 10 percent of the… Continue reading Ford will slash 7,000 salaried jobs by August
Ford Motor Co to cut 10% of white-collar jobs as part of global restructuring
DETROIT (Reuters) – Ford Motor Co said on Monday it will eliminate about 10% of its global salaried workforce, cutting about 7,000 jobs by the end of August as part of its larger restructuring in a move that will save the No. 2 automaker $600 million annually. FILE PHOTO: FILE PHOTO – The Ford logo… Continue reading Ford Motor Co to cut 10% of white-collar jobs as part of global restructuring
Ford announces 7,000 job cuts
US car giant Ford has announced it will cut 7,000 jobs globally by the end of August in an effort to save costs. The plan will reduce Ford’s workforce by 10% and will be made through both voluntary and forced redundancies, according to the firm. Ford said the plan, which includes 2,300 cuts in the… Continue reading Ford announces 7,000 job cuts
Ford sticks with hybrids as other automakers rush to all-electric vehicles: Here's why
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CEO Hackett: Ford Motor to layoff 500 salaried workers this week, 800 total by June
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Ford Motor Co cutting about 10% of global salaried workforce
FILE PHOTO: FILE PHOTO – The Ford logo is pictured at the Ford Motor Co plant in Genk,Belgium December 17, 2014. REUTERS/Francois Lenoir/File Photo DETROIT (Reuters) – Ford Motor Co said on Monday it will eliminate about 10% percent of its global salaried workforce, cutting about 7,000 jobs by the end of August as part… Continue reading Ford Motor Co cutting about 10% of global salaried workforce
Ford supervisors' calendars may reveal big clue about layoffs
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Ford revs up to sell hybrids with appeal of speed and power
DETROIT (Reuters) – Ford Motor Co is turning to the automotive marketer’s time-tested themes, speed and power, to sell a new generation of gasoline-electric hybrid vehicles to mass market customers. FILE PHOTO: A 2020 Ford Explorer Hybrid is hooked up to a boat trailer to demonstrate towing power in Dearborn, Michigan, U.S., May 15, 2019.… Continue reading Ford revs up to sell hybrids with appeal of speed and power