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Here’s Where Ford Could, and Should, Start Its Restructuring

InvestorPlace - Stock Market News.....»»

Category: topSource: investorplaceDec 6th, 2018

Ford posts lower profit and trims its full-year outlook

Ford Motor on Wednesday posted a lower quarterly profit as it took charges for its global restructuring and reduced its full-year operating profit forecast on higher warranty and incentive costs, as well as lower-than-expected sales in China......»»

Category: topSource: moneycentralOct 23rd, 2019

Ford posts lower profit and trims its full-year outlook

Ford Motor on Wednesday posted a lower quarterly profit as it took charges for its global restructuring and reduced its full-year operating profit forecast on higher warranty and incentive costs, as well as lower-than-expected sales in China......»»

Category: topSource: moneycentralOct 23rd, 2019

Ford"s third-quarter profit falls, full-year profit outlook cut

Ford Motor Co on Wednesday posted a lower quarterly profit as it took charges for its global restructuring, and reduced its full-year operating profit forecast due to higher warranty and incentive costs, as well as lower-than-expected sales in China......»»

Category: topSource: reutersOct 23rd, 2019

Thyssenkrupp CEO Kerkhoff to leave, chairwoman Merz to take over

Thyssenkrupp AG said on Tuesday it will start talks soon to end the contract of current Chief Executive Guido Kerkhoff, whose brief tenure at the submarines-to-car-parts conglomerate included four profit warnings and two failed restructuring efforts......»»

Category: topSource: reutersSep 24th, 2019

Brazil automaker CAOA signs preliminary agreement to buy Ford plant

Brazilian automaker CAOA has reached a preliminary agreement to buy Ford Motor Co's plant in Sao Bernardo do Campo, which the U.S. automaker will close by year's end as part of a global restructuring, the companies said on Tuesday......»»

Category: topSource: reutersSep 3rd, 2019

Ford results dented by restructuring, gives weaker-than-expected forecast

Ford Motor Co on Wednesday reported a lower-than-expected profit, weighed down by charges to restructure its units in Europe and South America, and the automaker gave a full-year earnings forecast that fell short of analysts' expectations......»»

Category: topSource: reutersJul 24th, 2019

Ford"s second-quarter profit falls on restructuring charges

Ford on Wednesday reported a lower quarterly net profit, primarily due to charges related to the restructuring of the automaker's units in Europe and South America......»»

Category: topSource: moneycentralJul 24th, 2019

Ford results dented by restructuring, gives low "19 forecast

Ford Motor Co on Wednesday reported a lower-than-expected profit, weighed down by charges to restructure its units in Europe and South America, and the automaker gave a full-year earnings forecast that fell short of analyst expectations......»»

Category: topSource: reutersJul 24th, 2019

Deutsche Bank plans to cut up to half of global equity jobs

 is preparing to start cutting hundreds of jobs in its global equity division, the first major cuts in a broader restructuring after a potential merger with Commerzbank AG collapsed. The German... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJul 2nd, 2019

Ram tough: FCA turns up the heat on GM and Ford in U.S. truck sales war

At Planet Ford, which boasts it is the No. 1 Ford volume dealer in the Houston area, customers shopping for a 2019 F-150 pickup truck can get discounts from Ford Motor Co of more than $8,000 - and that is just the start......»»

Category: topSource: reutersJun 27th, 2019

Ford’s New Plan for Europe: Fewer Jobs, More SUVs

The automaker is heavily restructuring its European operations. Ford has revealed a grand restructuring of its European operations, which will allow it to focu.....»»

Category: europeSource: fortuneJun 27th, 2019

Ford closes Welsh engine plant as restructuring rolls on

Ford is closing an engine factory in Wales, putting around 1,700 jobs at risk, as its European restructuring efforts turn to the UK. Julian Satterthwaite reports......»»

Category: videoSource: reutersJun 6th, 2019

This robot could start delivering packages to your door

Ford wants to use walking robots to help self-driving cars deliver packages......»»

Category: topSource: moneycentralMay 22nd, 2019

This robot could start delivering packages to your door

Ford wants to use walking robots to help self-driving cars deliver packages.         Ford wants to use walking robots to help self-driving cars deliver packages.        .....»»

Category: topSource: usatodayMay 22nd, 2019

Ford to cut 7,000 jobs as part of company ‘redesign’

Employees will start hearing about the cuts on Tuesday......»»

Category: topSource: washpostMay 20th, 2019

Ford To Lay Off 7,000 As Part Of Major Restructuring, 500 In U.S.

Ford Motor Co. (NYSE: F) will cut about 7,000 white-collar jobs, about 500 of them this week in the U.S., as part of a major restructuring designed to save the automaker about $600 million per year. read more.....»»

Category: blogSource: benzingaMay 20th, 2019

Ford cutting about 10% of global salaried workers

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 automaker $600 million annually......»»

Category: videoSource: reutersMay 20th, 2019

Ford CEO Cuts 7,000 Workers As Global Salaried Workforce Decimated

In a  letter to employees, Ford CEO  Jim Hackett has confirmed that the company will eliminate 7,000 jobs, representing 10% of its global salaried workforce - literally, a decimation - as part of the carmaker's multiyear restructuring p.....»»

Category: blogSource: zerohedgeMay 20th, 2019

Ford announces plans to slash 7,000 jobs by August

Ford is almost finished with a major global restructuring, and by the time it ends in August the automaker will have shed 7,000 white-collar jobs. .....»»

Category: topSource: moneycentralMay 20th, 2019

Ford Motor Co to cut 10% of white-collar jobs as part of global restructuring

Ford Motor Co said on Monday it will eliminate about 10% 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......»»

Category: topSource: reutersMay 20th, 2019