Ford To Cut 10% Of All Jobs

Credit: Wochit
Published on May 20, 2019 - Duration: 00:48s

Ford To Cut 10% Of All Jobs

FILE PHOTO: FILE PHOTO - The Ford logo is pictured at the Ford Motor Co plant in Genk,Belgium December 17, 2014.

REUTERS/Francois Lenoir/File Photo DETROIT (Reuters) - Ford Motor Co said on Monday it will eliminate about 10% percent of its global salaried workforce, cutting about 7,000 jobs by the end of August as part of its larger restructuring in a move that will save the No.

2 automaker $600 million annually.

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