Ford to reportedly slash global workforce by 10 percent

Ford Motor Company is reportedly planning to cut about 10 percent of its global workforce in order to help increase its stock price, sources told The Wall Street Journal. The paper reported on Monday that the company is expected to outline its plan as early as this week. The move is reportedly part of the legendary automaker’s move to save $3 billion in 2017. The company has 200,000 employees globally, half work in the U.S. -- More...

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