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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 considers a major restructuring to cut costs

With Ford's stock trading near a 6-year low late last month, CEO Jim Hackett gathered the automaker's top 300 executives near its headquarters in Michigan for a global leadership meeting......»»

Category: topSource: moneycentralSep 26th, 2018

Ford stock falls below $9 for first time in more than 6 years

Ford's shares are taking a pounding as the automaker adopts a piecemeal approach to outlining cost cuts that are part of a years-long and costly restructuring......»»

Category: topSource: moneycentralOct 9th, 2018

Ford stock falls below $9 for first time in more than 6 years

Ford's shares are taking a pounding as the automaker adopts a piecemeal approach to outlining cost cuts that are part of a years-long and costly restructuring......»»

Category: topSource: moneycentralOct 9th, 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 To Cut Thousands Of European Jobs, Close Factories In "Major Restructuring"

In the latest confirmation that global auto sales are sliding and that US automakers are struggling to compete in the hypercompetitive European car market - something that President Trump might inte.....»»

Category: blogSource: zerohedgeJan 10th, 2019

Ford exiting heavy truck business in South America

Ford Motor Co said on Tuesday it would exit its heavy commercial truck business in South America and cease production at a Brazilian plant this year as a result, part of a global restructuring meant to end losses in different regions......»»

Category: topSource: reutersFeb 19th, 2019

Ford"s truck exit from South America to cost 2,700 jobs

Ford Motor Co said on Tuesday it would exit its heavy commercial truck business in South America in a plant closing that could cost more than 2,700 jobs, part of a global restructuring meant to end losses in different regions......»»

Category: topSource: reutersFeb 19th, 2019

Ford"s truck exit from South America to cost 2,700 jobs

Ford Motor Co said on Tuesday it would exit its heavy commercial truck business in South America in a plant closing that could cost more than 2,700 jobs, part of a global restructuring meant to end losses in different regions......»»

Category: topSource: moneycentralFeb 19th, 2019

Ford to close oldest Brazil plant, exit South America truck biz

Ford Motor Co said on Tuesday it will close its oldest factory in Brazil and exit its heavy commercial truck business in South America, a move that could cost more than 2,700 jobs as part of a restructuring meant to end losses around the world......»»

Category: topSource: reutersFeb 19th, 2019

Ford Shutters Heavy Truck Plant in Brazil as Part of $11 Billion Global Restructuring

The automaker expects to record $460 million in charges related to exiting the heavy-truck business in all of South America. .....»»

Category: europeSource: fortuneFeb 20th, 2019

3 Ultra-Yield Dividend Stocks Retirees Can Trust

Dividends are a major part of an investor’s complete return profile. They provide passive income tha.....»»

Category: smallbizSource: nytApr 29th, 2024

2021 Redefining the Core: Major projects in the R Street Corridor

This article is part of our Redefining the Core coverage, which highlights projects either in the works, proposed or completed for the central city......»»

Category: topSource: bizjournalsMay 23rd, 2021

2021 Redefining the Core: Major projects in Downtown Sacramento

This article outlines Downtown Sacramento projects in various stages of development. It's part of our Redefining the Core coverage......»»

Category: topSource: bizjournalsMay 22nd, 2021

2021 Redefining the Core: Major projects in Broadway/Oak Park

This article outlines Broadway/Oak Park projects in various stages of development. It's part of our Redefining the Core coverage......»»

Category: topSource: bizjournalsMay 22nd, 2021

2021 Redefining the Core: Major projects in the Railyards/River District

This article outlines Railyards/River District projects in various stages of development. It's part of our Redefining the Core coverage......»»

Category: topSource: bizjournalsMay 22nd, 2021

2021 Redefining the Core: Major projects Midtown Sacramento

This article outlines Midtown Sacramento projects in various stages of development. It's part of our Redefining the Core coverage......»»

Category: topSource: bizjournalsMay 21st, 2021

Living on basic-income for 2 years made me "feel free" says a journalist who took part in one of the world"s largest trials

Finland's major basic-income trial was controversial, but one journalist w.....»»

Category: topSource: businessinsiderMay 1st, 2021

GE posts lower sales, loss on restructuring moves

General Electric’s revenue fell 12% to $17.1 billion, reflecting a 28% decline in its aviation unit and a 9% drop in its healthcare unit after selling off part of the business......»»

Category: topSource: foxnewsApr 27th, 2021

Southwest Airlines post $116 million profit, thanks in part to COVID-19 bailout. ‘We believe the worst is behind us.’

Southwest Airlines is the first major U.S. airline to report a profit since the pandemic started, as federal payroll aid helped boost the .....»»

Category: topSource: chicagotribuneApr 22nd, 2021

Need to Know: Earnings season is starting. Why you might want to take a look at the weather, too.

How a stock perform after earnings depends, in part, on the weather at its major investors, research finds......»»

Category: topSource: marketwatchApr 14th, 2021