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.
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