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Ford plans thousands of job cuts overseas

The automaker offered voluntary separation programs for employees in Germany and the UK to help accelerate its plant to improve performance in the region, where Ford has struggled......»»

Category: topSource: moneycentralMar 15th, 2019

Ford plans thousands of job cuts overseas

The automaker offered voluntary separation programs for employees in Germany and the UK to help accelerate its plant to improve performance in the region, where Ford has struggled......»»

Category: topSource: moneycentralMar 15th, 2019

Ford Plans Job Cuts in Europe on Poor Worldwide Sales

To improve its overseas operations, the company has engaged in talks with Volkswagen over a possible alliance in Europe and South AmericaRelated Stocks: F, XTER:VOW,.....»»

Category: blogSource: gurufocusJan 11th, 2019

Ford plans $11.5 billion in extra cuts, killing several US sedans

The cuts are aimed at kick-starting a turnaround effort almost one year after Ford's board ousted its chief executive officer.....»»

Category: topSource: business-standardApr 26th, 2018

Ford plans $11.5 billion in extra cuts, kills most American cars

Ford Motor Co. is sharpening its knives to cleave another $11.5 billion from spending plans and cut several sedans, including the Fusion and Taurus, from its lineup to more quickly reach an elusive profit target......»»

Category: topSource: moneycentralApr 26th, 2018

Ford plans to close overseas plant if no buyer found

Ford plans to close its Blanquefort gearbox plant in southwestern France if no buyer can be found for the site, which employs 900 workers, the U.S. carmaker said Thursday......»»

Category: topSource: moneycentralJun 7th, 2018

Rolls-Royce cuts 4,600 jobs, mainly in UK

British engineering company Rolls-Royce plans to cut thousands of jobs as part of big cost-saving measures......»»

Category: topSource: moneycentralJun 14th, 2018

Ford job cuts looming? Automaker plans 'major redesign in our business'

Ford Motor employees are warily awaiting details of CEO Jim Hackett’s promised “fitness” plan and the serious possibility of significant job losses. .....»»

Category: topSource: usatodaySep 6th, 2018

Jordan Scrambles to Recoup Funds for Palestinians Lost to U.S. Cuts

Jordan has embarked on an overseas lobbying campaign to replace funding that the Trump administration pulled last month for an agency that supports hundreds of thousands of Palestinian refugees in the kingdom......»»

Category: topSource: wsjSep 19th, 2018

Wells Fargo to slash thousands of jobs

Wells Fargo announced it plans to cut up to 26,500 workers, about 10 percent of its workforce. The bank says it's streamlining operations, but some analysts disagree that's the primary reason for the cuts......»»

Category: topSource: moneycentralSep 21st, 2018

Ford Could Cut Thousands of Jobs — or More

Layoffs are usually a result of manufacturing efficiency, at least at companies that are not experiencing increases in sales. Ford CEO Hackett can do the math. Unless he cuts large numbers of people,........»»

Category: blogSource: 247wallstSep 27th, 2018

Ford is planning cuts to its salaried workforce

The company does not yet know how many jobs it plans to cut. But it expects to have more details by the second quarter of 2019......»»

Category: topSource: moneycentralOct 5th, 2018

Ford is planning cuts to its salaried workforce

The company does not yet know how many jobs it plans to cut. But it expects to have more details by the second quarter of 2019......»»

Category: topSource: moneycentralOct 5th, 2018

Ford Profit Sinks on Weak Overseas Sales

Ford Motor’s third-quarter net income fell 37% amid sharply lower results in China and Europe, trouble spots that are complicating Chief Executive Jim Hackett’s turnaround plans......»»

Category: smallbizSource: wsjOct 25th, 2018

The Big GM Job Cuts Are All About Electric Cars

In announcing plans for thousands of job cuts and some factory closures, GM also said the resources it devotes to electrification and autonomous driving would double in the next two years.....»»

Category: topSource: barronsNov 27th, 2018

The Wall Street Journal: Ford sets major European restructuring that includes job cuts in the thousands

Ford Motor Co. has launched talks with trade unions in Europe about job cuts that could run into the thousands as it shuts European plants and cancels production of unprofitable models.....»»

Category: topSource: marketwatchJan 10th, 2019

Ford plans 'significant' job cuts in Europe, expects Volkswagen ties

Ford Motor Co. announced job cuts for hourly and salarie.....»»

Category: topSource: usatodayJan 10th, 2019

Ford’s cost purge hits Europe with thousands of job cuts

Ford Motor Co. said Thursday it will cut thousa.....»»

Category: topSource: latimesJan 10th, 2019

Ford, Jaguar slash thousands of jobs across Europe

Ford and Jaguar Land Rover unveiled sweeping job cuts across Europe on Thursday as carmakers struggle with a slump in demand for diesel vehicles, tougher emissions rules and a global economic slowdown led by China......»»

Category: topSource: reutersJan 10th, 2019

Ford to Slash Jobs, Shut Plants in Major European Revamp

Ford is launching an overhaul of its European business that is expected to include thousands of job cuts, plant closures and the scrapping of low-profit models amid a storm of bad news for global car makers......»»

Category: topSource: wsjJan 11th, 2019

Major automakers plan job cuts

Jaguar Land Rover and Ford Motor Co. both announced plans to slim down their global workforces......»»

Category: topSource: moneycentralJan 11th, 2019