Ford Said to Plan to Cut About 10% of Global Staff: WSJ
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Source: BFW (Bloomberg First Word)
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F US (Ford Motor Co)
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UUID: 7947283
(Bloomberg) -- Job cuts expected to be outlined as early as this week, WSJ reports, citing unidentified people briefed on the plan.
- Unclear if plan includes cuts to hourly workforce at Ford’s U.S. factories and plants abroad
- Move comes as Ford targets $3b cost cuts in 2017
- Ford says in statement “remain focused on the three strategic priorities that will create value and drive profitable growth": WSJ
Alert: HALISTER
Source: BFW (Bloomberg First Word)
Tickers
F US (Ford Motor Co)
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UUID: 7947283