Morgan Stanley expects that Ford restructuring will lead to more layoffs than in General Motors


Analysts at Morgan Stanley believe that the implementation of the planned restructuring of Ford Motor will lead to a significantly larger number of laid-off employees than in General Motors, MarketWatch writes. Ford intends to make its staff more compact and offer employees more decision-making authority, which, according to Morgan Stanley, could result in the dismissal of tens of thousands of employees around the world. General Motors previously announced its intention to close 7 factories, dismissing 14,000 employees and spending $2 billion on these goals. Comparing these data with the planned expenses of Ford, analysts at Morgan Stanley calculated that Ford could close 20 factories, reducing its staff to 50 thousand workers.

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