Ford to cut 7,000 jobs, 10% of global staff
Ford announced plans to 7,000 jobs globally, about 10 percent of its workforce (AFP Photo/JUSTIN SULLIVAN)/ New York (AFP) - Ford plans to cut 7,000 jobs, or 10 percent of its global workforce, as part of a reorganization as it revamps its vehicle offerings, the company said Monday. The reorganization will involve some layoffs and reassignments and should be complete by the end of August, a Ford spokeswoman said. Ford has been phasing out most sedan models in the United States as more consumers have opted for pickup trucks and sport utility ...
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