Some of Our Sources
- Slashdot
- Mashable
- Simplebits
- TutsPlus - Code
- Naldz Graphics
- CSS Globe
- Specky Boy
- CSS Tricks
- Spyre Studios
- Freelance Switch
Help Webnuz
Referal links:
May 16, 2017 10:00 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/IA8Z86ES4Nw/ford-to-cut-north-america-asia-salaried-workers-by-10-percent
Ford To Cut North America, Asia Salaried Workers By 10 Percent
Ford is planning a major round of layoffs that will cut up to 20,000 jobs around the world, according to reports published Monday. From a report: Ford plans to shrink its salaried workforce in North America and Asia by about 10 percent as it works to boost profits and its sliding stock price, a source familiar with the plan told Reuters. A person briefed on the plan said Ford plans to offer generous early retirement incentives to reduce its salaried headcount by Oct. 1, but does not plan cuts to its hourly workforce or its production. The move could put the U.S. automaker on a collision course with President Donald Trump, who has made boosting auto employment a top priority. Ford has about 30,000 salaried workers in the United States. The cuts are part of a previously announced plan to slash costs by $3 billion, the person said, as U.S. new vehicles auto sales have shown signs of decline after seven years of consecutive growth since the end of the Great Recession.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/IA8Z86ES4Nw/ford-to-cut-north-america-asia-salaried-workers-by-10-percent
Share this article:
Tweet
View Full Article
Slashdot
Slashdot was originally created in September of 1997 by Rob "CmdrTaco" Malda. Today it is owned by Geeknet, Inc..More About this Source Visit Slashdot