HALISTER: Ford Said to Plan to Cut About 10% of Global Staff: WSJ

Ford Said to Plan to Cut About 10% of Global Staff: WSJ

(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)

To de-activate this alert, click here
To modify this alert, click here

UUID: 7947283