Tag: layoffs
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Ford to Cut 900 Jobs This Week, 7,000 by August
Ford Motor Co. plans to eliminate about 7,000 salaried jobs — about 10% of its global white-collar workforce — as pressures mount on automakers to keep pace with massive technological shifts amid signs global vehicle demand has peaked. Eliminating the rankings will save Ford about $600 million a year, Chief Executive Officer Jim Hackett wrote…