Ford plans to reorganize its staff worldwide


American automaker Ford Motor announced that it would reorganize the company as part of a broad plan of Ford's chief executive officer, Jim Hackett, aimed at reducing costs, increasing revenues and restoring stock prices, Dow Jones reports. The reorganization may lead to a reduction in the staff of the company, which today accounts for about 70 thousand people. According to the company, a decision to reduce the number of jobs may be taken in the second quarter of next year. Since the beginning of 2018, shares of the automaker have lost 27% in price.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
Something went wrong