Ford gets ready to cut jobs
Posted: Thu May 18, 2017 7:05 am
CNN Money - 5/16/2017 - Chris Isadore - Ford Motor, under pressure from shareholders to cut costs in the face of lower profits and falling share price, could be getting ready to make deep cuts in its worldwide staff. The Wall Street Journal reported late Monday evening that Ford plans to cut about about 10% of its worldwide work force, which comes to about 20,000 jobs. The paper cited people familiar with the proposal. Read more @ http://money.cnn.com/2017/05/15/news/co ... -job-cuts/